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Intro An investor sold a put option on British pound for $0.003 per unit. The option has a strike price of $1.4 and covers 100,000

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Intro An investor sold a put option on British pound for $0.003 per unit. The option has a strike price of $1.4 and covers 100,000 pounds. Assume that the option can only be exercised on its expiration date. Part 1 IB Attempt 1/10 for 10 pts. What will be the net profit (or loss) to the investor if the exchange rate is $1.48 per pound on the expiration date (in USD)? 0+ decimals Submit Part 2 18 Attempt 1/10 for 10 pts. What will be the net profit (or loss) to the investor if the exchange rate is $1.32 per pound on the expiration date (in USD)? 0+ decimals Submit

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