Question: six months based on your analysis. The current spot exchange rate is 123 per dollar, and the six-month forward rate is 113 per dollat, Assume

six months based on your analysis. The current spot exchange rate is 123 per dollar, and the six-month forward rate is 113 per dollat, Assume that you would like to buy or sell 100,004,000. Use direct quotes in your calculations. Enter the numeric portion of your answer without the currency symbols. Required: a-1. How should you speculate in the forward market to make a profit? a-2. What is the expected dollar profit from speculation? b. What would be your speculative profit in dollar terms if the spot exchange rate turns out to be 117 per dollar in six months? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. What would be your speculative profit in dollar terms if the spot exchange rate turns out to be x117 per dollar in six months? Note: Round intermediate calculations to 5 decimal places. Round your final answer to nearest whole dollar

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