GBP/USD is 1.2245/60. You have short GBP/USD 2-months' forward rate contract at 1.2455 for 1,00,000 GBP. After 2-months, if the spot rate is 1.2335/39. The profit/loss is:
a) -1100 GBP,
b) 1100 GBP,
c) 900 GBP,
d) -900 GBP
Answers
Answered by
10
Answer:
A this is ur answer.......
Answered by
0
Answer:
-1100GBP IS IT ANSWER
Explanation:
hope it help u
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