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

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