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Suppose a currency call option has an exercise price of ASx where x is a positive number and a premium of ASp. where p is

Suppose a currency call option has an exercise price of ASx where x is a positive number and a premium of ASp. where p is a positive number. (a) Calculate the break-even price in terms of p and x. (2 marks) (b) What is the maximum loss for the option buyer? ( 1 mark) (c) Explain why the maximum loss for the option writer is unlimited

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