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AT-HOME Part-1 Options SOpts Oct.9 Individual Effort, No sharing NAME 30-Sep SPOT > $ 1.1575 / Euro U.S. Cents / Euro US. Cents/ Euro EXERCISE

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AT-HOME Part-1 Options SOpts Oct.9 Individual Effort, No sharing NAME 30-Sep SPOT > $ 1.1575 / Euro U.S. Cents / Euro US. Cents/ Euro EXERCISE CALL Option Premium PUT Option Premium EXERCISE PRICE November March November March PRICE 1.1300 3.85 0.65 1.1300 1.1350 1.1350 1.1400 3.10 0.90 1.1400 1.1450 1.RS 0.50 1.1450 1.1500 1.50 2.40 0.65 1.25 1.1500 1.1550 1.17 0.85 1.1550 1.1600 0.90 1.80 1.OS 1.65 1.1600 1.1650 0.67 1.35 1.1650 1.1700 0.50 1.35 1.65 2.15 1.1700 1.1750 0.35 2.00 1.1750 1.1800 0.95 2.75 1.1800 U.S. Cents / Euro U.S. Cents/Euro QUES. 1 - 9 ARE 3pts EACH Oues, below refer to data in Tablc above unless general Oxes. TRUE FALSE 1. When a CALL option is used to hedge currency risk, the owner of a CALL knows what the maximum value to buy the currency will be, If the CALL is exercised TRUE FALSE + 2. Assume you own the MARCH CALL with strike $1.160 if tomorrow the Spot rose +0.01 to $1.1675, other things equal, the March CALL premium should rise because the intrinsic value changed from 25 cents to 1.25 cents. 63. The premium of November PUT option with strike $1.16 now has time value - _?_/ Euro /E 4. The November PUT option with strike price = $1.1550 has?. Intrinsic value in its premium. TRUE FALSE S. For a PUT option's premium, its intrinsic value can be either a negative, or positive value. - 6. The March CALL option with strike $1.1500 right now has _2 cents intrinsic value each TRUE FALSE 7. Assume you own a PUT option with strike price that is exactly at the market. Then if the Spot price drops 1 cent per Euro, your PUT option becomes out of the money 8 in the Table, an November PUT with strike price of $1.1550 has _?_/ Euro of intrinsic value FALSE 9. Currently, owning any of the CALL options shown with strike prices $1.160 and higher are in the money TRUE

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