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B 3. 18 A MXN 40,000 call strike price (MXNUSD 0.04000) is selling on the CME at a price of $0.006980/MXN. The current MXNUSD spot

B 3. 18 A "MXN 40,000 call strike price (MXNUSD 0.04000)" is selling on the CME at a price of $0.006980/MXN. The current MXNUSD spot rate is 0.046900. a. Intrinsic value= $0.00698/MXN; Time value =...

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