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Assume the February call and put option on Swiss francs have the same strike price of 58 ($0.5850/SF), and premium of $0.005/SF. In what price

Assume the February call and put option on Swiss francs have the same strike price of 58 ($0.5850/SF), and premium of $0.005/SF. In what price range the purchase of the CALL option would choose not to exercise the option?

(a) At all spot rates above the strike price of 58.5

(b) At the strike price of 58.5

(c) At all spot rates below the strike price of 58.5

(d) At all spot rates below the 58.9 (strike price of 58.5 plus the premium)

(e) need more information to answer the question

In what price range the purchase of the call option would make profit?

(a) At the strike price of 58.5

(b) At the price above 58.5

(c) At all spot rates below the strike price of 58.5

(d) At all spot rates above 59 (strike price of 58.5 plus the premium)

(e) None of the above

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