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assume that you purchased British Pound call options for speculative purposes . Each option was purchased for a premium of $ 0 . 0 3
assume that you purchased British Pound call options for speculative purposes Each option was purchased for a premium of $ per pound with exercise price of $ per pound. You plan to wait until the expiration date before considering whether to exercise the options. In this table, fill in the net profit or loss per unit to you based on the listed possible spot rates of the pound that may exist on the expiration date. Possible spot rate of the pound on expiration date: i$ii $ iii. iv v vi net profit or loss per unit should spot rate occur
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