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A European call option is written on 6 2 , 5 0 0 . The strike price is $ 1 . 4 0 / ,

A European call option is written on 62,500. The strike price is $1.40/, and the option premium is $1,875.
What is the option premium per pound?
Group of answer choices
$0.015/
$0.02/
$0.03/
$0.06/
None of the above

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