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QUESTION 2 A put option on British pounds has a strike (exercise) price of 51.48. The spot exchange rate is 51.45. This put option can

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QUESTION 2 A put option on British pounds has a strike (exercise) price of 51.48. The spot exchange rate is 51.45. This put option can be referred to as: O in the money out of the money at a discount at the money QUESTIONS A call option on birth pounds has a strike (exercise price of 51.48. The spot exchange rate is 51.45. This put option can be referred to as: at a discount in the money out of the money

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