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A US-based speculator is considering the purchase of a three-month Japanese yen put option on 1,000,000, with a strike price of 97 cents per 100.

A US-based speculator is considering the purchase of a three-month Japanese yen put option on ¥1,000,000, with a strike price of 97 cents per ¥100. The option is American-style, with a premium of 2 ...

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