Question 6 A call option is in the money if : the spot rate is equal to the strike price the spot rate is greater than the stike price plus the premium the spot exchange rate is greater than the strike price the spot rate is lower than the strike price Question 8 Which of the following is a similarity between the currency futures market and the forward market? O none of these features are similarities both are self-regulating both use standardized contract sizes both use standardized delivery dates A Moving to another question will save this response. Question 9 A put option is out of the money if the spot rate is greater than the strike price o the spot rate is lower than the strike price minus the premium O the spot rate is lower than the strike price O the spot rate is equal to the strike price Question 10 The pound spot rate is $.80 and the pound 90-day forward rate is $.78. At what discount or premium is the pound selling? O 2.22%, premium -10%, discount O 10%, premium -2.22%, discount