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Assume an English speculator purchased a call option on SK for 0.06 per unit. The strike price was 0.48/SK. The spot rate at the time

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Assume an English speculator purchased a call option on SK for 0.06 per unit. The strike price was 0.48/SK. The spot rate at the time he bought the option was 0.53/SK. The spot rate at the expiration was 0.58/SK. Assume there are 150,000 units in a Swedish Krona option. What was the net profit (loss) on this option to the speculator? O A) -4,000 B) SK -1,500 OC) 6,000 D) SK -4,000 E) -6,000

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