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A call on euro with an exercise price of $1.35/euro has a premium of $0.05 per euro. If the spot rate at expiration is $1.34,

A call on euro with an exercise price of $1.35/euro has a premium of $0.05 per euro. If the spot rate at expiration is $1.34, then the net profit for the buyer of the call is

A $+0.05 per euro

B $ -0.05 per euro

C $ -0.04 per euro

D $+0.04 per euro

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