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Samuel Samosir works for Peregrine Investments in Jakarta, Indonesia. He focuses his time and attention on the U . S . dollar / Singapore dollar
Samuel Samosir works for Peregrine Investments in Jakarta, Indonesia. He focuses his time
and attention on the US dollarSingapore dollar $S$ crossrate. The current spot rate is
$$ After considerable study, he has concluded that the Singapore dollar will appreciate
versus the US dollar in the coming days, probably to about $$ He is considering
trading options to profit and has the following options on the Singapore dollar to choose from
Samuel decides to buy call options in Singapore dollars. What will be Samuel's breakeven spot
rate in direct format Keep all decimal places. Please type in the number without the
currency signs. For example, if your answer is $ S $ then type in as your final
answer.
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