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Sam bough a call option on euros that has a strike price of $1.37/. The option is sold at a premium of $0.040/, and will

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Sam bough a call option on euros that has a strike price of $1.37/. The option is sold at a premium of $0.040/, and will expire in 3 months. The option is for 10,000. If the spot rate is changed to $1.31/, what will be Sam's total \$ profit or loss? (Hint: first find the intrinsic value, decide if the option is worth of exercising, and then calculate the net profit or loss)

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