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A trader enters into a short forward contract on 100 million yen. The forward exchange rate is$0.0090 per yen. How much does the trader gain or lose if the exchange rate at the …
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A trader enters into a short forward contract on 100 million yen. The forward exchange rate is$0.0090 per yen. How much does the trader gain or lose if the exchange rate at the …
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Sep 18, 2020
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A trader enters into a short forward contract on 100 million yen. The forward exchange rate is$0.0090 per yen. How much does the trader gain or lose if the exchange rate at the end of the contract is (a) $0.0084 per yen; (b) $0.0101 per yen
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Answer:idk
Explanation:idk
Marc Carreras
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