赞题库-背景图
单项选择题

An Italian bank enters into a 6-month forward contract with an importer to sell GBP 80 million in 6 months at a rate of EUR 1.13 per GBP 1. If in 6 months the exchange rate is EUR 1.12 per GBP 1, what is the payoff to the bank from the forward contract?( ) A. EUR -800,000 B. EUR -400,000 C. EUR 400,000 D. EUR 800,000