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Today is the expiration day of a call option on the Swiss franc that you purchased two weeks ago when the spot rate was $1.0380/SF.

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Today is the expiration day of a call option on the Swiss franc that you purchased two weeks ago when the spot rate was $1.0380/SF. The strike rate on the option is $1.0390/SF and the premium was $0.0300/SF. a. If today's spot rate is $1.0403/SF, would you exercise? How much would your payoff be? How much would your profit/loss be? h. Repeat part a under the assumption that today's spot rate is $1.0380/SF

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