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please do it in 20 minutes please urgently... I'll give you up thumb definitely The current spot exchange rate is $1.55=1.00 and the three-month forward

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please do it in 20 minutes please urgently... I'll give you up thumb definitely

The current spot exchange rate is $1.55=1.00 and the three-month forward rate is $1.60= 1.00. Consider a three-month American call option on 62,500. For this option to be considered at-the-money, the strike price must be $1.60=1.00$1.55(1+i$)3/12=1.00(1+i)3/12$1.55=1.00 None of the other answers

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