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25) The current spot exchange rate is $1.55 = 1.00. Consider a three-month American call option on 62,500. For this option to be considered at-the-money,

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25) The current spot exchange rate is $1.55 = 1.00. Consider a three-month American call option on 62,500. For this option to be considered at-the-money, the strike price must be A) $1.55 = 1.00 B) $1.55 x (1 + is 3/12 = 1.00 x (1 + 3/12. I C) $1.60 - 1.00 D) none of the options

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