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Assume a call option is written with a strike price of $1.65/ at a premium of 5.20 cents per euro ($0.0520/) and with an expiration
Assume a call option is written with a strike price of $1.65/ at a premium of 5.20 cents per euro ($0.0520/) and with an expiration date nine months from now. The option is for 600,000. Calculate your profit or loss should you exercise before maturity at a time when the euro is traded spot at the following:
a) $1.56/
b) $1.94/
c) $1.63/
d) $1.72/
e) $1.59/
f) $1.85/
g) $1.65/
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