You are given the following information on a European Option. (iii) (iv) Current Exchange Rate is US$1.50 for each 1.00 Strike price is US$ 1.45 R-F-Rin USA is 10% papc R-F-R in Britain is 12% papc Volatility is 20% per annum The Black-Scholes framework holds (vi) Calculate the value of a 1-year ECO on the British pound