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Intro An investor sold a put option on British pound for $0.001 per unit. The option has a strike price of $1.23 and covers 100,000
Intro An investor sold a put option on British pound for $0.001 per unit. The option has a strike price of $1.23 and covers 100,000 pounds. Assume that the option can only be exercised on its expiration date. Part 1 Attempt 1/4 for 10 pts. What will be the net profit (or loss) to the investor if the exchange rate is $1.31 per pound on the expiration date (in USD)? 0+ decimals Submit Part 2 Attempt 1/4 for 10 pts. What will be the net profit (or loss) to the investor if the exchange rate is $1.15 per pound on the expiration date in USD)? 0+ decimals Submit
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