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Using the market data in Exhibit 76. show the net terminal value of a long position in one 111 June Japanese yen European call contract

Using the market data in Exhibit 76. show the net terminal value of a long position in one 111 June Japanese yen European call contract at the following terminal spot prices (stated in U.S. cents per 100 yen): 100, 104, 109, 114, and 118. Ignore any time value of

money effect Required:

Note: A Negative value should be indicated with e minus sign.

Terminal spot prices | net terminal value

100

104

109

114

118

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