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Ghaleb purchased a call option on British pounds for $.02 per unit. The strike price was $1.45 and the spot rate at the time the
Ghaleb purchased a call option on British pounds for $.02 per unit. The strike price was $1.45 and the spot rate at the time the option was exercised was $1.46. Assume there are 31,250 units in a British pound option. What was ghaleb sis net profit on this option? Hessah purphased a put option on British pounds for $.04 per unit. The strike price was $1.80 and the spot rate at the time the pound option was exercised was $1.59. Assume there are 31,250 units in a British pound option. What was Heesah's net profit on the option? . Faisal sold a call option on Canadian dollars for $.01 per unit. The strike price was $.76, and the spot rate at the time the option was exercised was $.82. Assume Faisal did not obtain Canadian dollars until the option was exercised. Also assume that there are 50,000 units in a Canadian dollar option. What was Faisal's net profit on the call option
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