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Assume the current spot Euro is $1.1/ and the six-month European put option has a striking price of $1.15/. Assume the option premium is $0.02/.
Assume the current spot Euro is $1.1/€ and the six-month European put option has a striking price of $1.15/€. Assume the option premium is $0.02/€. What is the net profit/loss of the seller/writer of the option when the value of Euro is $1.12/€ at the maturity date? Group of answer choices
A. $-0.01
B. $0.01
C. $-0.03
D. $0.02
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International Financial Management
Authors: Cheol S. Eun, Bruce G.Resnick
6th Edition
71316973, 978-0071316972, 78034655, 978-0078034657
