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Using the market data in Exhibit.7.6, show the net terminal value of a long position in one 110 Sep Japanese yen European call contract at

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Using the market data in Exhibit.7.6, show the net terminal value of a long position in one 110 Sep Japanese yen European call contract at the following terminal spot prices, cents per yen: 101, 105, 110, 115, and 119. Ignore any time value of money effect. (A Negative value should be indicated with a minus sign. Do not round intermediate calculations. Round your answers to the nearest whole number.) EXHIBIT 7.6 PHLX Worid Currency Options Quotations

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