Marie has done some research and found that the spot rate is C$1.4039 per euro.Her neighbour told her that the three-month forward rate is C$1.44 per euro.If Marie assumes a 1,000 euro long position in the forward contract, what will her profit (loss)be if the spot rate in 3 months is C$1.45 per euro?
A)C$46.10 profit
B)C$10.00 loss
C)C$10.00 profit
D)C$36.10 profit

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The Answer of Marie has done some research and found that the spot rate is C$1.4039 per euro.Her neighbour told her that the three-month forward rate is C$1.44 per euro.If Marie assumes a 1,000 euro long position in the forward contract, what will her profit (loss)be if the spot rate in 3 months is C$1.45 per euro?
A)C$46.10 profit
B)C$10.00 loss
C)C$10.00 profit
D)C$36.10 profit

Marie Has Done Some Research and Found That the Spot