Hello Sir Lecture forward cotracts I understand in exp 3 because x is buying first currency $200,000 so we devide $200000/1.4910
I didnot understand in exp 4 why we multiplying i know y is receiving and that mean y will sell $ to convert in £ because selling choose 1.5334 now my query is when we buy we devide and when we sell we multiply Why in this example we deviding inthe place of multiply