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The following information is currently available for Canadian dollar (CS) options: - Put option exercise price =$0.68 - Put option premium =$0.016 per unit. -

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The following information is currently available for Canadian dollar (CS) options: - Put option exercise price =$0.68 - Put option premium =$0.016 per unit. - Call option exercise price =$0.70. - Call option premium = \$0.012 per unit. - One option contract represents c\$50,000. 3. What is the maximum possible gain the purchaser of a strangle can achieve using these options? Round your answer to three decimal places. The maximum gain of a long strangle is untimited for currency The maximum gain is timited only for currency (C) and equal to $ b. What is the maximum possible loss the writer of a strangle can incur? Enter your answer as a positive value. Round your answer to threen decimal placen, The maximum loss of a short strangie-is untimited for currency The maximum loss is limited only for currency (C) and equal to $ c. Locate the break-even points of the strangle. Round your answers to three decimal places. Lower break-even point: 5 Higher break-even point: $

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