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Fiance - Speech or Presentation Example

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The pound is currently worth $ 1.65, and the one- year future price is $ 1.61. If the value of the pound were to fall, the portfolio manager would sustain a loss. If the value of the pound were to…
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Fiance

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Fiance

Download file to see previous pages... Therefore, if the price of the pound falls to $1.53 the investor will exercise futures at $1.61 restricting the loss to $80,000 instead of ...Download file to see next pagesRead More
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