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Nikkei Put Warrants Suppose Suppose Yo = 145 yen/dollar, Nikkei moved from 38,000 to 30,000, then dollar appreciate to Y1 = 150 yen/dollar, (a) Calculate

Nikkei Put Warrants Suppose Suppose Yo = 145 yen/dollar, Nikkei moved from 38,000 to 30,000, then dollar appreciate to Y1 = 150 yen/dollar,

(a) Calculate GS's payoff from its raw materials, its long position in Nikkei put warrants

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