Business, 10.03.2020 04:08 campbelldean

The current spot exchange rate is $1.55/€ and the three-month forward rate is $1.50/€. You enter into a short position on €1,000. At maturity, the spot exchange rate is $1.60/€. How much have you made or lost? A. Lost $100 B. Made €100 C. Made $150 D. Lost $50

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The current spot exchange rate is $1.55/€ and the three-month forward rate is $1.50/€. You enter int...