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If you have sold a call option on British pounds at a predetermined dollar price, you have the right to buy dollars at a predetermined
\If you have sold a call option on British pounds at a predetermined dollar price, you have the right to buy dollars at a predetermined pound price you are obligated to sell pounds at the predetermined dollar price when the option is exercised you have the right to buy pounds at the predetermined dollar price wou are obligated to sell dollars at a predetermined pound price when the option is exercised
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