Business, 30.10.2019 00:31 bbyitskeke1242

Eric is an option writer. in anticipation of a depreciation of the british pound from its current level of $1.50 to $1.45, he has written a call option with an exercise price of $1.51 and a premium of $.02. if the spot rate at the option's maturity turns out to be $1.54, what is eric's profit or loss per unit (assuming the buyer of the option acts rationally)?

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Eric is an option writer. in anticipation of a depreciation of the british pound from its current le...

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