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bachelor in business administration
Polytechnic State University Sanluis Jan-2006 - Nov-2010
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Polytechnic State University Jan-2012 - Nov-2016
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Harvard Square Academy (HS2) Mar-2012 - Present
Category > AccountingPosted 11 Jun 2017My Price6.00
Assume that the three month FR = $2.00/£1 and a speculator believes that the spot rate
Assume that the three month FR = $2.00/£1 and a speculator believes that the spot rate in three months will be SR = $2.05/£1. How can a person speculate in the forward market? How much will the speculator earn if he or she is correct?