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Mike Suerth sold a call option on Canadian dollars for $0.01 per unit. The strike price was $0.72, and the spot rate at the time

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Mike Suerth sold a call option on Canadian dollars for $0.01 per unit. The strike price was $0.72, and the spot rate at the time the option was exercised was $0.81. Assume Mike did not obtain Canadian dollars until the option was exercised. Also assume that there are 51,600 units in a Canadian dollar option. What was Mike's net profit on the call option? Use a minus sign to enter loss values, if any, Round your answer to the nearest dollar

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