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9 You buy an Option giving you the right to SELL one million Euros at $1.40 in 6 months. If, in 6 months, the rate
9 You buy an Option giving you the right to SELL one million Euros at $1.40 in 6 months. If, in 6 months, the rate rises to $1.60 how many US$ would you get for your Euros. $1.4 Million B $1.6 Million 10 You enter into a forward contract to BUY a million Euros at $1.40 in 6 months. If, in 6 months, the rate falls to $1.20 what would you purchase them for A $1.4 Million B $1.2 Million A3 A
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