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I NEED ANSWER ASAP PLEASE A call option on Australian dollars has a strike (exercise) price of $.56. The present exchange rate is $.52. This
I NEED ANSWER ASAP PLEASE
- A call option on Australian dollars has a strike (exercise) price of $.56. The present exchange rate is $.52. This call option can be referred to as:
2. A put option on Swiss franc has a strike (exercise) price of $.92. The present exchange rate is $.89. This put option can be referred to as:
3. You are a speculator who sells a call option on Swiss francs for a premium of $.06, with an exercise price of $.64. The option will not be exercised until the expiration date, if at all. If the spot rate of the Swiss franc is $.69 on the expiration date, your net profit per unit, assuming that you have to buy Swiss francs in the market to fulfill your obligation, is:
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