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10. For a European call option on a currency, the exchange rate is 1.0000, the strike price is 0.9100, the time to maturity is one

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10. For a European call option on a currency, the exchange rate is 1.0000, the strike price is 0.9100, the time to maturity is one year, the domestic risk-free rate is 5% per annum. and the foreign risk- free rate is 3% per annum. How low can the option price be without there being an arbitrage opportunity? A. 0.1048 B. 0.0900 C. 0.1344 D. 0.1211

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