If the three-month forward rate is $2/£l and a speculator anticipates that spot rate will be $03/£l in three months, he can earn a profit by______. A.selling pounds forward B.purchasing dollars forward C.selling dollars forward D.purchasing pounds forward
A.A.selling B.purchasing C.selling D.purchasing
【参考答案】
D 解析:答案为D项。该投机商可以$2/£1的汇率买入三个月的远期英镑,待三个月后英镑上涨后,以$03/£l的汇......