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Andrea cujoli is a currency speculator who enjoys "betting" on changes in the foreign currency exchange market. currently the spot price for the japanese yen is ¥129.87/$ and the 6-month forward rate is ¥128.53/$. andrea thinks the yen will move to ¥128.00/$ in the next six months. if andrea's expectations are correct, then she could profit in the forward market by and then
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Andrea cujoli is a currency speculator who enjoys "betting" on changes in the foreign currency excha...
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