单项选择题
Assume aspeculator sign a forward agreement to sell pound at
2.10/£1, what is theresult of the transaction? ( )
A.The speculator
earns 5% in the transaction.
B.The speculator
earns 2.5% in the transaction.
C.The speculator
loses 2.5% in the transaction.
D.The speculator
loses 5% in the transaction.