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Find the value of a European foreign currency call if the spot rate is $5.25, the exercise price is $5.40, the domestic interest rate is
Find the value of a European foreign currency call if the spot rate is $5.25, the exercise price is $5.40, the domestic interest rate is 6.1 percent, the foreign interest rate is 5.5 percent, the call expires in one month, and the volatility is 0.32. (The interest rates are continuously compounded.)
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