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Jackson is a speculator who sells a call option on Malaysian Ringgit for a premium of $ 0 . 0 3 8 per unit of
Jackson is a speculator who sells a call option on Malaysian Ringgit for a premium of $ per unit of Malaysian Ringgit, with an exercise price of $ per Malaysian Ringgit. The option will not be exercised until the expiration date, if at all. If the spot rate of Malaysian Ringgit is $ per Malaysian Ringgit on the expiration date, Jackson's net profit per unit is:
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