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An investor bought a put option on euros for ( $ 0.005 ) per unit. The option has a strike price of ( $ 1.18
An investor bought a put option on euros for \\( \\$ 0.005 \\) per unit. The option has a strike price of \\( \\$ 1.18 \\). Assume that the option can only be exercised on its expiration date. Part 1 Attempt 2/6 for 10 pts. What will be the net profit (or loss) per unit to the investor if the exchange rate is \\( \\$ 1.06 \\) per euro on the expiration date (in USD)? Correct \\( \\checkmark \\) Part 2 Attempt \\( 4 / 6 \\) for 10 pts. What will be the net profit (or loss) per unit to the investor if the exchange rate is \\( \\$ 1.18 \\) per euro on the expiration date (in USD)
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