Question
You bought a Canadian 6-month put option (size C$100,000) today at the strike price $0.7580 for which you had paid a premium of $0.005.The spot
You bought a Canadian 6-month put option (size C$100,000) today at the strike price $0.7580 for which you had paid a premium of $0.005.The spot rate today is $0.7500. The dollar interest is 3%.If you exercise at expiration the option today, your profit/loss is
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
9th Edition
0134519264, 9780134519265
