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2. Today is the expiration day of a call option on the Swiss franc that you purchased two weeks ago when the spot rate was

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2. Today is the expiration day of a call option on the Swiss franc that you purchased two weeks ago when the spot rate was $1.0680/SF. The strike rate on the option is $1.0690/SF and the premium was $0.0300/SF a. If today's spot rate is $1.0730/SF, would you exercise? How much would your payoff be? How much would your profit/loss be? Repeat part b under the assumption that today's spot rate is $1.1160/SF. b

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