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3. Amy Lucky, a currency trader for BOA, is something of a contrarian -- as opposed to most of the forecasts, she believes the Canadian
3. Amy Lucky, a currency trader for BOA, is something of a contrarian -- as opposed to most of the forecasts, she believes the Canadian dollar (C$) will appreciate versus the U.S. dollar over the coming 90 days. The current spot rate is $0.6750/C$. Amy may choose between the following options on the Canadian dollar: Option Strike Price Premium Put on C$ $0.7000/C$ $0.00003/C$ Call on C$ $0.7000/C$ $0.00049/C$ a. Should Amy buy a put option on Canadian dollars or a
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