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You want to hedge your exchange rate risk arising from a CAD payable by using a call option on AUD/CAD. Your broker quotes a premium

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You want to hedge your exchange rate risk arising from a CAD payable by using a call option on AUD/CAD. Your broker quotes a premium of AUDO.0252 for call options on CAD with a strike price of AUD1.2955/CAD: What is the break-even price for a buyer or a seller of this AUD/CAD call option? O a. The break-even price is AUD 1.2955 for the buyer and AUD 1.3207 for the seller of the option O b. The break-even price is AUD 1.2703 for the buyer and the seller of the option O c. The break-even price is AUD 1.3207 for the buyer and the seller of the option O d. The break-even price is AUD 1.2703 for the buyer and AUD 1.3207 for the seller of the option Oe. The break-even price is AUD 1.3207 for the buyer and AUD 1.2703 for the seller of the option

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