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gizmo_the_mogwai [7]
1 year ago
7

You purchase a put option on Swiss francs for a premium of $.02, with an exercise price of $.61. The option will not be exercise

d until the expiration date, if at all. If the spot rate on the expiration date is $.58, your net profit per unit is:
Business
1 answer:
natita [175]1 year ago
5 0

Answer:

Net Profit = (0.61-0.58) - 0.02

                = 0.01

Explanation:

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