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Steven works as a currency speculator for Mucho Capital of LA . His latest speculative position is to profit from his expectation that the Swiss

Steven works as a currency speculator for Mucho Capital of LA. His latest speculative position is to profit from his expectation that the Swiss Franc will rise significantly against the U.S. dollar. The current spot rate is $0.579SF. He must choose between the following 90-day options on the Swiss Franc:
\table[[Option,Strike Price,Premium],[Put on Swiss franc,$0.567SF,$0.004SF
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