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e. Question 19 If spot exchange rate is less than the exercise price of the options (call and put options) then: Both put and call

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e. Question 19 If spot exchange rate is less than the exercise price of the options (call and put options) then: Both put and call options are in the money. Put option is in the money and call option is out of money. Both put and call options are out of money. o Put option is out of money and call option is in the money

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