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19.Costco buys a put option on yen with a strike price of 107 yen/dollar. Which interbank spot rate maximizes their profit if they choose to

19.Costco buys a put option on yen with a strike price of 107 yen/dollar. Which interbank spot rate maximizes their profit if they choose to exercise the option before maturity?

100 yen/dollar

110 yen/dollar

115 yen/dollar

105 yen/dollar

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