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The current spot exchange rate is $1.55 an option premium of $5,000 to buy this Mutiple Choc $168-100 $162- 100 $150 1.00 $150-100 100 and

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The current spot exchange rate is $1.55 an option premium of $5,000 to buy this Mutiple Choc $168-100 $162- 100 $150 1.00 $150-100 100 and the three month forward rate is $1.60 100. Consider a three-month American call option on 62,500 with a strike price of $1.50 100. If you pay call, at what exchange rate will you break-even

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