If you buy yen forward when the yen is selling at a forward


If you buy yen forward when the yen is selling at a forward premium, you will get: fewer yen than if you buy yen on spot market. the same number of yen as on the spot market, but with a lower commission. the expectation of more yen, but the difference is not locked in. more yen than if you buy yen on spot mark

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Financial Management: If you buy yen forward when the yen is selling at a forward
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