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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

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
A. $0.015/£

B. $0.02/£

C. $0.03/£

D. $0.06/£

E. None of the above

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