Can an option on the yen-euro exchange rate be created from two options, one on the dollar-euro
Question:
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...
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There is no way of doing this A natural idea is to create an option to exchange euros ...View the full answer
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Utsab mitra
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