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Infinitez Infinitez
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4 months ago
Assume the spot exchange rate today is C$1.02 per $US, while the three-month forward rate is C$1.06 per $US. What will be the profit (loss) for an investor who takes a US$100,000 short position in the forward contract if the spot rate in three months equals 1.05?

▸ (C$4,000)

▸ C$1,000

▸ C$4,000

▸ (C$1,000)
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Corporate Finance

Corporate Finance


Edition: 5th
Author:
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ggianolaggianola
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#1
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4 months ago
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Infinitez Author
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4 months ago
Smart ... Thanks!
ezsancheezy
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Yesterday
Thanks
njn;l
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2 hours ago
You make an excellent tutor!
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