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York Gatez Corp purchased a call option on A$ for 0 . 0 1 per unit. The strike price was A$ = 0 . 4
York Gatez Corp purchased a call option on A$ for per unit. The strike price was A$ and the spot rate at the time the option was exercised was A$ Assume there are units in an Australian dollar option. What was net profit or loss for York Gatez Corp on this option?
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