Question
Consider a C$ Dec 6000 call selling on the Chicago Mercantile Exchange (CME) at a price of $0.0180/C$. Each CME C$ contract is worth C$125,000.
Consider a C$ Dec 6000 call selling on the Chicago Mercantile Exchange (CME) at a price of $0.0180/C$. Each CME C$ contract is worth C$125,000. What would be the profit on an investment in this option if the spot rate at expiration is $0.5930/C$?
a. -$2,250
b. $0
c. $1,750
d. $2,250
e. $4,000
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Healthcare Finance Modern Financial Analysis For Accelerating Biomedical Innovation
Authors: Andrew W. Lo, Shomesh E. Chaudhuri
1st Edition
0691183821, 978-0691183824
