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Randy Rudecki purchased a call option on British pounds for $0.04 per unit. The strike price was $1.46 and the spot rate at the time

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Randy Rudecki purchased a call option on British pounds for $0.04 per unit. The strike price was $1.46 and the spot rate at the time the option was exercised was $1.47. Assume there are 31,300 units in a British pound option. What was Randy's net profit on this option? Use a minus sign to enter loss values, if any. Round your answer to the nearest cent. LSU Corp. purchased Canadian dollar call options for speculative purposes. If these options are exercised, LSU will immediately sell the Canadian dollars in the spot market. Each option was purchased for a premium of $0.05 per unit, with an exercise price of $0.73. LSU plans to wait until the expiration date before deciding whether to exercise the options. Of course, LSU will exercise the options at that time only if it is feasible to do so. In the following table, fill in the net profit (or loss) per unit to LSU Corp. based on the listed possible spot rates of the Canadian dollar on the expiration date. Use a minus sign to enter loss values, if any. If the answer is zero, enter "0". Round your answers to the nearest cent. Bama Corp. has sold British pound call options for speculative purposes. The option premium was $0.07 per unit, and the exercise price was $1.58. Bama will purchase the pounds on the day the options are exercised (if the options are exercised) in order to fulfill its obligation. In the following table, fill in the net profit (or loss) to Bama Corp. if the listed spot rate exists at the time the purchaser of the call options considers exercising them. Use a minus sign to enter loss values, if any. If the answer is zero, enter " 0 ". Round your answers to the nearest cent

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