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TOP "CALCULATE THE AMOUNT OF PROFIT (IGNORING EXCHANGE RATE FEES) THAT CAN BE EARNED AND THE PERCENTAGE RETURN ACHIEVED" QUESTIONS
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"Explain how this leader in your firm can speculate on the belief that the euro will be $1.41 in 12 months" "Assume that the spot rate is $1.3435 to the euro and that the forward rate for 12 months is $1.3705 to the euro"