The current value of the British pound is $1.60 and the volatility of the pound/dollar exchange rate
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The current value of the British pound is $1.60 and the volatility of the pound/dollar exchange rate is 15% per annum. An American call option has an exercise price of $1.62 and a time to maturity of 1 year. The risk-free rates of interest in the United States and ?
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