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A put option on euros is available with a strike price of $1.29. this is purchased by a speculator for a premium of $0.03.if the
A put option on euros is available with a strike price of $1.29. this is purchased by a speculator for a premium of $0.03.if the euro spot rate on the day of expiration is $1.24.indicate if the speculator should exercise the option on this date or let it expire . whta is the net profit per unit to the speculator? what is the net profit per unit to the seller of this put option?
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