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Question 36 2 pts Ed Sheeran is a currency trader who writes a put option with a strike price of $0.27/SAR at an option premium

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Question 36 2 pts Ed Sheeran is a currency trader who writes a put option with a strike price of $0.27/SAR at an option premium of $0.02 per Saudi Arabian Riyal (SAR), and an expiration date of 180 days from today. The option is for SAR250,000. What is the gain or loss to Ed on expiration of the option if the spot rate at maturity is $0.25/SAR? $0 O $5,000 gain O $5,000 loss $10,000 gain O $10,000 loss Next Previous

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