Business, 03.11.2020 16:50, giovney

Don Howard is a trader who likes to make money based on changes in the foreigncurrency exchange market. Currently the spot rate is 24.0239 MXN/USD and the3-month forward rate is 26.5693 MXN/USD. Clint thinks the exchange rate will moveto 25.3487 MXN/USD in the next three months. How can Don profit in the forwardmarket if he wants to trade USD1,000,000

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Don Howard is a trader who likes to make money based on changes in the foreigncurrency exchange mark...