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You have bought a European put option on NZD10,000 (the New Zealand dollar) with an exercise price of $.6300 a premium of $.0016. The current

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You have bought a European put option on NZD10,000 (the New Zealand dollar) with an exercise price of $.6300 a premium of $.0016. The current market price of NZD is $.6413. What is the value of the option on the expiration date if the market price is $.6150? What is your profit? Value: $166; Profit: $150 Value: $150; Proft: 134 O Value: $150; Profit: $166 O Value: $134; Profit: $150 Ne

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