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7. The 6-month call and put premiums are $0.114 and $0.098, respectively, with a $0.94 strike. Dollar and euro interest rates are 7.0% and 6.0%,

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7. The 6-month call and put premiums are $0.114 and $0.098, respectively, with a $0.94 strike. Dollar and euro interest rates are 7.0% and 6.0%, respectively. What spot exchange rate is implied by this data? (a) $0.95 dollars per euro (b) $1.02 dollars per euro (c) $1.05 dollars per euro (d) $1.09 dollars per euro ( 8)

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