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This question is related to foreign exchange. Question 11 0.5 p Questions 8-11 are based on the following information: Assume the six-month European put option
This question is related to foreign exchange.
Question 11 0.5 p Questions 8-11 are based on the following information: Assume the six-month European put option has a striking price of $1.05/CAD. Assume the option premium is $0.03/CAD. What is the breakeven price of this put option? s $1.05/CAD $1.08/CAD e $1.02/CAD e cannot be determined
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