Register
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)
192k views
2 votes
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

User Dzhefer
by
8.3k points

1 Answer

2 votes

Answer:idk

Explanation:idk

User Marc Carreras
by
8.0k points
← Prev Question Next Question →

Related questions

User BlueCat
asked Dec 24, 2018 101k views
If the Japanese yen is worth $.0090, what would the value of 3,850 yen be in U.S. dollars?
BlueCat asked Dec 24, 2018
by BlueCat
7.3k points
1 answer
0 votes
101k views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Link Copied!