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Business, 27.06.2020 20:01 tray71016

Today is March 1. The current direct spot rate on the EUR is $1.165 ($1.165/1EUR) and the June Futures contract on the EUR is available for $1.172. One futures contract on the Euro is for 125,000 Euros and the contract expires on June 15th). What will the June futures price be on April 15th, (Hint: there are 60 days between April 15th and June 15th) if the spot price on the Euro moves to $1.181/1 EUR on April 15th

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Today is March 1. The current direct spot rate on the EUR is $1.165 ($1.165/1EUR) and the June Futur...

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