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Assume that the Japanese yen is trading at a spot price of 91.00 cents per 100 yen. Further assume that the premium of an American
Assume that the Japanese yen is trading at a spot price of 91.00 cents per 100 yen. Further assume that the premium of an American call (put) option with a striking price of 93 is 1.50 (3.20) cents. What is the time value of the call and put (answers below as call value, put value)? O 1.50, 2.00 1.50, 3.20 0.00, 2.00 1.50, 1.20
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