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22. Refer to Table 7.1. The exercise price of pounds in June has a cost per pound of giving the purchaser the right to sell

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22. Refer to Table 7.1. The exercise price of pounds in June has a cost per pound of giving the purchaser the right to sell for a total price of 23. Refer to Table 7.1. The May call option on pounds with a strike price of 1440 means the premium is $ per pound, and the total cost will be $ 24. Assume that a call option that sells for $0.02 has an exercise price of $1.50 per euro. At a spot price of $1.45 per euro, the call option has time value of and intrinsic value of I Use the below mentioned table (7.1) to answer the following question(s). April 19, 2010, British Pound Option Prices (cents per pound, 62,500 pound contracts). Option & Strike Calls-Last Puts-Last Underlying Price May June July May June July 1448 1440 0.88 1.42 1.42 0.52 1.06 - 1448 1450 0.42 1.02 1448 1460 0.20 0.68 0.72 2.32

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