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Suppose the current spot rate for the C$ is $0.7427. The intrinsic value of a put option on C$ with the strike price of $0.7400
Suppose the current spot rate for the C$ is $0.7427. The intrinsic value of a put option on C$ with the strike price of $0.7400 is:
a) $0.0027 b) -$0.0027
c) $0.00 d) None of the above
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