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Business, 18.11.2019 18:31 erickamurillo9929

Peter simpson thinks that the u. k. pound will cost $1.43/£ in six months. a 6-month currency futures contract is available today at a rate of $1.44/£. if peter was to speculate in the currency futures market, and his expectations are correct, which of the following strategies would earn him a profit?
a) sell a pound currency futures contract.
b) buy a pound currency futures contract.
c) sell pounds today.
d) sell pounds in six months.

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