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An Investor is bearish on the euro and believes it will decrease against the Japanese Yen The investor purchases a currency put option on the

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An Investor is bearish on the euro and believes it will decrease against the Japanese Yen The investor purchases a currency put option on the euro with a strike price (exchange rate) of $1341. When the investor purchases the contract, the spot rate of the euro is equivalent to 133/, the premium is 21 a) Assume the euro's spot price at the expiration date (market price) is 123/ The investor's profit 16 b) Assume the euro's spot price at the expiration date market price) is $138/ The investor's profit WE c) What is the maximum loss Maximum loss MC d) What the maximum profit Maximum profit- CME

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