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Suppose the price of a call on pounds with a strike price of $1.580/ is $2. The current spot exchange rate is $1.680/. What is

Suppose the price of a call on pounds with a strike price of $1.580/ is $2. The current spot exchange rate is $1.680/. What is the time value of this option?

A. $0.1

B. -$0.1

C. $0.42

D. -$0.42

E. None of the above.

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