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You work for the currency trading unit of ING Bank in London. Currently, the pound trades at $1.70 per pound and the 90-day forward rate

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"You work for the currency trading unit of ING Bank in London. Currently, the pound trades at $1.70 per pound and the 90-day forward rate is $1.75 per pound. You speculate that in 90 days the pound will rise sharply vs. the dollar to a range between $1.80 per pound- $1.85 per pound. Which of the following would allow you to speculate on your view? (Yes, this one is a little tricky!)" a. Buy a call on the pound with a strike price of $1.75 per pound O b.Sell a call on the pound with a strike price of $1.75 per pound c. Buy a put on the pound with a strike price of $1.80 per pound d. Sell a put on the pound with a strike price of $1.80 per pound e. a. and c. f. a. and d

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