Taking the information determine if the shortlong position, Ask an Expert

Management Studies

Taking the information determine if the short/long position creates a profit and which currency increased in value relative to the other currency. Given: Must use $100,000 usd for each purchase.

	EUR/USD	GBP/USD	USD/JPY	USD/CHF	USD/CAD
September 10	1.1280	1.5446	120.61	.9733	1.3254
October 22	1.1106	1.5394	120.69	.9732	1.3089

A. EUR/USD:

B. GBP/USD:

C. USD/JPY:

D. USD/CHF:

E. USD/CAD:

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Business Management, Management Studies

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