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2 . You are a speculator who sells a call option on Canadian dollars for a premium of $ . 0 7 per unit, with

2. You are a speculator who sells a call option on Canadian dollars for a premium of $.07 per unit, with an exercise price of $.66. The option will not be exercised until the expiration date, if at all. If the spot rate of the Canadian dollar is $.64 on the expiration date, your net profit per unit is:

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