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Question 17 3 pts Unlike option contracts, currency futures contracts: O (A) cannot protect the holder against the risk of adverse movements in exchange rates.

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Question 17 3 pts Unlike option contracts, currency futures contracts: O (A) cannot protect the holder against the risk of adverse movements in exchange rates. O(B) are more expensiive. O (C) are available only for relatively short maturities (D) eliminate the possibility of gaining a profit from favorable movements in exchange rates Question 18 3 pts You have a long position in Euro call options with a strike of $1.2155, for a premium of $0.0145. Which of the following spot rate at maturity would you have make money on the call? (A) $1.230 (B) $1.201 O(C) $1.1755 O (D) $1.245

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