haldy

I need some help on the following question. Thank you. Suppose the dollar-euro spot rate is 1.20 and the current 30-day forward rate is 1.25. (a) You have an obligation to pay a French supplier of wine 10 million euros in 30 days and have contracted with...

for d) is it 0.3 million profit because you will exercise the option for e) is it 0.5 million profit