Question
A put option with a strike of $2.36/ has a premium of $0.0826. What is the option's breakeven price? If the current spot exchange rate
A put option with a strike of $2.36/ has a premium of $0.0826. What is the option's breakeven price? If the current spot exchange rate is $2.4780/ then this option is __________ .
A.2.2774 ; ITM
B.None of the alternatives
C.2.2774 ; OTM
D.2.4426 ; ITM
E.2.4426 ; OTM
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Personal Finance In Your 20s And 30s For Dummies
Authors: Eric Tyson
2nd Edition
9781119431411, 978-1119431411
