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Question 1 The current spot exchange rate is $1.13) = ELU-; the three-month US. dollar Interest rate is 2%. Consider a three-month American call option

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Question 1 The current spot exchange rate is $1.13) = ELU-; the three-month US. dollar Interest rate is 2%. Consider a three-month American call option on 62,503 with a strike price of $1.50 = 1.00. 1|.|'Il|'l'lat is the least that this option should sell for

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