Question: the current spot rate is $ 1 . 5 5 / and the 9 0 - day forward rate is $ 1 . 5 0

the current spot rate is $1.55/ and the 90-day forward rate is $1.50/. based on your forecast model of $/, you are confident that the spot exchange rate will be $1.47/ in 90 days. what actions do you need to take today to speculate to make a profit
based on this forecast (assuming no transaction costs)?
a. Sell euro today at the spot rate, buy 90-day S forward.
b. Buy euro today at the spot rate, sell 90-dayS forward.
c. Buying a 90-day S forward contract for S1.50/.
d. Selling a 90-day forward contract for $1.50/.

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