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5. A. Muncie Widget Inc. bought Euro Futures call option for a strike price of $1.35 for March, 201'? paying 2.50 cents per unit. When

5. A. Muncie Widget Inc. bought Euro Futures call option for a strike price of $1.35 for March, 201'? paying 2.50 cents per unit. When the}r exercised the option, the spot price was $ 1.5875. There are 125,000 units per Euro Futures option

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