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Problem 7 . 1 1 Calandra Panagakos at CIBC Calandra Panagakos works for CIBC Currency Funds in Toronto. Calandra is something of a contrarian -

Problem 7.11 Calandra Panagakos at CIBC
Calandra Panagakos works for CIBC Currency Funds in Toronto. Calandra is something of a contrarian -- as opposed to most of the forecasts, she believes the Canadian dollar (C$) will appreciate versus the U.S. dollar over the coming 90 days. The current spot rate is $0.6750C$.I want to know why it is buy call option.Because I use the textbook exhibit,it show me the right answer is buy put option.
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