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Schweser Practice Exam- Clarification?
Schweser-Vol-2-Practice Exam3- Q-20.5 (Pg-324)
Investor has sold pund futures at rate of .79/Euro. Pound appreciates to .785/Euro. Wont investor lose and not gain on currency future. If sold pound futures-won there be loss if pound appreciates. Investor is short the pound and short positions will lose if the underlying appreciates. |
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发表于 2013-4-8 21:47
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