Chapter 01 · Section 1.1

Swiss Importer - 2

On June 4, your supplier announces that due to a strike all deliveries are delayed and you will not get your cars before several months from now.

Meanwhile, the forward rate for July 15 delivery has dropped to 0.83 SFr/DM

June 4 The forward rate for July 15 delivery has declined to 0.83 SFr/DM