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danny2012 danny2012
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7 months ago
Marie has done some research and found that the spot rate is C$1.4039 per euro. Her neighbour told her that the three-month forward rate is C$1.44 per euro. If Marie assumes a 1,000 euro long position in the forward contract, what will her profit (loss) be if the spot rate in 3 months is C$1.45 per euro?

▸ C$36.10 profit

▸ C$10.00 loss

▸ C$10.00 profit

▸ C$46.10 profit
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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olsondiolsondi
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7 months ago
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danny2012 Author
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7 months ago
Thanks
Mkersey12
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Yesterday
This helped my grade so much Perfect
brina10
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2 hours ago
Good timing, thanks!
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