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For European currency options written on euro with a strike price in dollars, what is the effect of an increase in the exchange rate S($/)?

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For European currency options written on euro with a strike price in dollars, what is the effect of an increase in the exchange rate S($/)? Multiple Choice Decreases the value of calls and puts ceteris paribu:s Increases the value of calls and puts ceteris paribus Decreases the value of calls, increases the value of puts ceteris paribus Increases the value of calls, decreases the value of puts ceteris paribus

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