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Business, 08.04.2020 17:27 waltdog

You purchase a call option on pounds for a premium of $.03 per unit, with an exercise price of $1.64; the option will not be exercised until the expiration date, if at all. If the spot rate on the expiration date is $1.65, your net profit per unit is:

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You purchase a call option on pounds for a premium of $.03 per unit, with an exercise price of $1.64...
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