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Randy Rudecki purchased a call option on British pounds for $ 0 . 0 4 per unit. The strike price was $ 1 . 5
Randy Rudecki purchased a call option on British pounds for $ per unit. The strike price was $ and the spot rate at the time the option was exercised was $ Assume there are 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.
$
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