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A put option is available for British pound with an exercise price of EUR0.7192 and a premium of EUR0.0111. Assume that there are no brokerage

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A put option is available for British pound with an exercise price of EUR0.7192 and a premium of EUR0.0111. Assume that there are no brokerage fees. The future spot rate at which of the option breaks even is EUR a. the seller; EUR0.7081 b. both the buyer and the seller, EUR0.7303 c. the buyer; EUR0.7303 d. the seller; EUR0.7303 e. both the buyer and the seller; EUR0.7081 f. The correct answer is not present in the other listed choices g. the buyer; EUR0.7081

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