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FallenOne FallenOne
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A month ago
The six-month forward rate is C$ 1.00 per US$. Ahmed assumes a 1,000 long position in the forward contract and his profit in six months is C$30.00. What is the spot rate in six months?

▸ C$ 1.031 per US$

▸ C$ 1.029 per US$

▸ C$ 0.970 per US$

▸ C$ 1.030 per US$
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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bknyc123bknyc123
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A month ago
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FallenOne Author
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A month ago
Good timing, thanks!
einstein
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This site is awesome
lolaww
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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