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12. Suppose the current spot rate for the AUD is $0.5925. The call premium on a call option with an exercise price of $0.5675 is

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12. Suppose the current spot rate for the AUD is $0.5925. The call premium on a call option with an exercise price of $0.5675 is $0.0373. What is the time USD value of one AUD 100,000 call option? a) $3730 b) $2500 c) $950 d) $1230

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