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U . S . Dollar - Euro. The table, , indicates that a 1 - year call option on euros at a strike rate of
US DollarEuro. The table, indicates that a year call option on euros at a strike rate of $ will
cost the buyer $ per or But that assumed a volatility of when the spot rate was
$ What would that same call option cost if the volatility was reduced to when the spot rate fell to
$
The same call option cost if the volatility was reduced to when the spot rate fell to $ would be
$Round to four decimal places.
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