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24.19. (CAS8-S06:29) You are given the following information on a European option: (1) The current exchange rate is 1.50 dollars per pound. (ii) The strike
24.19. (CAS8-S06:29) You are given the following information on a European option: (1) The current exchange rate is 1.50 dollars per pound. (ii) The strike price is $1.45. (iii) The continuously compounded risk-free interest rate in the United States is 8% per annum. (iv) The continuously compounded risk-free interest rate in Britain is 10% per annum. (v) Volatility is 15.0%. (vi) The Black-Scholes framework holds. Calculate the value of a one-year European call option on the British pound
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