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5. Suppose the current spot rate for the pound (GBP) is $01.7427. A put option with an exercise price of $01.7550 is sa id to

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5. Suppose the current spot rate for the pound (GBP) is $01.7427. A put option with an exercise price of $01.7550 is sa id to be a) inthe money b) out ofthe money c) at the money d) past breakeven

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