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Bulldog, Inc., has sold Australian dollar call options at a premium of $.02 per unit, and an exercise price of $.89 per unit. It has
Bulldog, Inc., has sold Australian dollar call options at a premium of $.02 per unit, and an exercise price of $.89 per unit. It has forecasted the Australian dollar's rate over the period of concern as $.86, $.87, $.88, $.89 $.91 and $.92. Determine the net profit or loss per unit to Bulldog, Inc. If Australia dollar each level occurs - show detailed analysis, follow the five steps.
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