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At the end of the day you are short EUR 10 million against GBP at...

At the end of the day you are short EUR 10 million against GBP at 0.6712. You are asked to revalue your position at a EUR/GBP rate of 0.6729. What is the resulting profit or loss?

A.

Loss of GBP 17000

B.

Profit of GBP 17,000

C.

Loss of EUR 17,000

D.

Profit of EUR of 17,000

ACI 3I0-012 Summary

  • Vendor: ACI
  • Product: 3I0-012
  • Update on: Aug 18, 2025
  • Questions: 740
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