Question
You believe that the British Pound (GBP) will weaken relative to the AUD and intend to speculate on this using an option contract. The option
You believe that the British Pound (GBP) will weaken relative to the AUD and intend to speculate on this using an option contract. The option is written on AUD 1,000 with a strike 'price' of AUD 1.00 = GBP 0.60 (that is, GBP 1.00 = AUD 1.67). Which position would you enter to profit from a weakening GBP?
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Applied Regression Analysis And Other Multivariable Methods
Authors: David G. Kleinbaum, Lawrence L. Kupper, Azhar Nizam, Eli S. Rosenberg
5th Edition
1285051084, 978-1285963754, 128596375X, 978-1285051086
