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you and to enter to stay in Potected View Enable Editing Kingdom of Saudi Arabia Ministry of Higher Education Dar Al-Uloom University wy document 5.

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you and to enter to stay in Potected View Enable Editing Kingdom of Saudi Arabia Ministry of Higher Education Dar Al-Uloom University wy document 5. A trader SOLD A CALL OPTION on British pounds for premium of AUS$ 0.02 / L. The strike price was AUSS 28/ and the spot rate at the time the option was exercised was AUSS32/E Assume that there are 10,000 units in a British option. a. What is the trader's total net profit/loss on the call option? (1+2+1 marks) band apply ENO GO

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