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Kiko Peleh's Puts. Kiko Peleh writes a put option on Japanese yen with a strike price of $0.008000/(125.00/$) at a premium of 0.0080/ per yen
Kiko Peleh's Puts. Kiko Peleh writes a put option on Japanese yen with a strike price of $0.008000/(125.00/$) at a premium of 0.0080/ per yen and with an expiration date six month from now. The option is for 12,500,000. What is Kiko's profit or loss at maturity if the ending spot rates are 109/$,115/$,121/$,126/$,130/$, 136/$, and 140/$. Kiko's profit or loss at maturity if the ending spot rate is 109/$ is $. (Round to the nearest cent and indicate a loss by using a negative sign.)
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