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CORRECT ANSWER IS THERE. JUST NEED HELP WITH CALCULATIONS! THANK YOU 4) A U.S. investor has purchased put options on 10 million Pounds. The put

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CORRECT ANSWER IS THERE. JUST NEED HELP WITH CALCULATIONS!

THANK YOU

4) A U.S. investor has purchased put options on 10 million Pounds. The put options have an exercise price of $1.57/ Pound with a maturity of 6 months and a premium of $0.03/ Pound. If the spot rate after 6 months turns out to be $1.61/ Pound, the investor will have a Ans: $0.3 million loss 5) A U.S. investor has sold call options on 10 million Pounds. The call options have an exercise price of $1.57/ Pound with a maturity of 6 months and a premium of $0.02/ Pound. If the spot rate after 6 months turns out to be $1.51 /Pound, the investor will have a Ans: $0.2 million profit 6) A U.S. investor has sold call options on 10 million Pounds. The call options have an exercise price of $1.57/ Pound with a maturity of 6 months and a premium of $0.02/ Pound. If the spot rate after 6 months turns out to be $1.61 /Pound, the investor will have a Ans: $0.2 million loss

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