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You bought a European USD/Euro call option with a premium of 3 US cents and a strike price of $1.12/. Assume the spot price at

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You bought a European USD/Euro call option with a premium of 3 US cents and a strike price of $1.12/. Assume the spot price at expiration date is $1.22/, what will be your profit/loss? 10 cents None of the answers is correct You lose the premium of 3 cents 07 cents 3 cents

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