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A leader in your firm has been studying the foreign exchange market for a number of years and believes that she can predict several of the foreign currency exchange rates relative to the U.S. dollar. The firm has $150,000 to invest in the spot, forward, or options markets. The spot rate is $1.2622...
Can someone please explain to how you would calculate Gross Profit. My understanding is: Opening Stock + Stock Purchases = Total Stock Purchased - Closing Stock = Stock Sold 100 + 300 = 400 - 150 = 250 Now I start getting lost. If I sold my stock for 350, do I divide my Sales of 350...
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