Question
A company holds put options for 1,000 with a strike price of $1.25/, purchased for $20. The exchange rate declines to $1.22/. The company: A.
A company holds put options for 1,000 with a strike price of $1.25/, purchased for $20. The exchange rate declines to $1.22/. The company:
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| A. | Gains $10 on the put options |
|
| B. | Gains $30 on the put options |
|
| C. | Loses $50 on the put options |
|
| D. | Loses $20 on the options |
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Advances In Quantitative Analysis Of Finance And Accounting (Vol. 5)
Authors: Lee Cheng Few
1st Edition
9812706283, 9789812706287
