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Please show your work. Frank bought a Euro put option for .025 per unit. If the put option allows for Euros to be sold for

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Frank bought a Euro put option for .025 per unit. If the put option allows for Euros to be sold for U.S. Dollars with a strike price of .90, will Frank employ the put option if the exchange rate moves to .95? If, Frank exercises the put option, how much better off is Frank due to the put option

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