Question: The current spot exchange rate is $ 1 . 9 5 / and the three - month forward rate is $ 1 . 9 0
The current spot exchange rate is $ and the threemonth forward rate is $ Based on your analysis of the exchange rate, you are pretty confident that the spot exchange rate will be $ in three months. Assume that you would like to buy or sell
What would be your speculative profit in dollar terms if the spot exchange rate actually turns out to be $
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