How much trader gain or lose if exchange rate at contract


A trader enters into a short forward contract on 100 million yen. The forward exchange rate is $0.0080 per yen. How much does the trader gain or lose if the exchange rate at the end of the contract is (a) your birthday divided by 10,000; (b) your age divided by 1,000.

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Operation Management: How much trader gain or lose if exchange rate at contract
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