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Assume that the Japanese yen is trading at a spot price of 6 8 . 1 3 cents per 1 0 0 yen. Further assume
Assume that the Japanese yen is trading at a spot price of cents per yen. Further
assume that the premium of an American call put option with a strike price of is
cents per yen. Calculate the intrinsic value and the time value of the call and put options.
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