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Q27. Suppose you buy an options on futures contract at $428 (exercise price). At expiration, the spot price(futures price) is $435. The risk-free rate is
Q27. Suppose you buy an options on futures contract at $428 (exercise price). At expiration, the spot price(futures price) is $435. The risk-free rate is 10 percent. What is the intrinsic value of the call? OA. $6.35 OB. $7.5 O C.$7 OD.SO
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