What does the numbers0.9334% etc. in the Ask column mean Assume the current spot rate is CAD
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What does the numbers(0.9334% etc.) in the Ask column mean?
Assume the current spot rate is CAD 0.9702/$. If I buy a CAD 0,97374/$ put option on 03/01/2011, and the spot rate on 04/01/2011 will be CAD 1/$. How much will I gain or loss?
Related Book For
Financial Institutions Management A Risk Management Approach
ISBN: 978-0071051590
8th edition
Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders
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