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You buy a call option for $0.005/TL (premium), which gives you the right (but not obligation) to purchase currency at $0.145/TL. Assume that the spot

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You buy a call option for $0.005/TL (premium), which gives you the right (but not obligation) to purchase currency at $0.145/TL. Assume that the spot rate is $0.148/TL, Should you exercise your option or not? what is your profit (or loss) O a. Yes, we should exercise the option. The loss -- 50.002 O b. No, we should not exercise the option. The loss -. $0.005 O c. Yes, we should exercise the option. The profit = $0.002 O d. No, we should not exercise the option. The loss = $0.002

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