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Please explain how you get this answer. 28. (4 points) From the perspective of the writer of a call option written on 62,500. If the

Please explain how you get this answer.

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28. (4 points) From the perspective of the writer of a call option written on 62,500. If the strike price is $1.55/, and the option premium is $1,875, at what exchange rate do you start to lose money? A. $1.50/ B. $1.52/ C. $1.55/ D. $1.58/ E. None of the above

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