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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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