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8 pts Question 20 The spot AUD/USD exchange rate is 1 AUD 0.72 USD, the AUD/USD exchange rate volatility is 12%, the AUD risk-free rate

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8 pts Question 20 The spot AUD/USD exchange rate is 1 AUD 0.72 USD, the AUD/USD exchange rate volatility is 12%, the AUD risk-free rate is 1.2%, and the USD risk-free rate is 2.9% for all maturities. Compute the price of an option that gives the holder the right to buy USD 1,000,000 and sell AUD 1.351.351.35 in 9 months time, and express the price in AUD

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