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If you were to use dollars to purchase an European call option on the yen with an exercise price of $.015/yen, what would be your
If you were to use dollars to purchase an European call option on the yen with an exercise price of $.015/yen, what would be your rights/obligations? Have the option to buy yen for $.015 on or before the expiration date of the call option Have the option to sell yen for $.015 on or before the expiration date of the call option Have the obligation to buy yen for $.015 on or before the expiration date of the call option Have the option to buy yen for $.015 only at the expiration date of the call option
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