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Business, 20.03.2020 09:03 Lamr

You purchase a put option on Swiss francs for a premium of $.02, with an exercise price of $.61. The option will not be exercised until the expiration date, if at all. If the spot rate on the expiration date is $.58, your net profit per unit is:

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You purchase a put option on Swiss francs for a premium of $.02, with an exercise price of $.61. The...
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