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USD 2.2083. Suppose Raymond buys the put options and the spot rate in 6 months is USD 2.49/SGD. What will his net profit or loss

USD 2.2083. Suppose Raymond buys the put options and the spot rate in 6 months is USD 2.49/SGD. What will his net profit or loss per SGD be if he acts rationally? a. 0.1550 b. 0.2817 c. 0.2817 d. 0.1550

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