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Assume you BOUGHT a European style put option on euros with a strike price of $ 1 . 2 7 8 / at a premium

Assume you BOUGHT a European style put option on euros with a strike price of $1.278/ at a premium of $0.069 per euro, and expires in 6 months. Calculate your NET profit or loss if the euro is trading a $1.304/ at maturity. A)-$0.061 B)-$0.069 C)-$0.052 D)-$0.078 E)-$0.087

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