Business, 14.04.2020 22:47 Courtneymorris19

Citigroup sells a call option on euros with strike price of $1.33 (contract size is €500,000) at a premium of $0.02 per euro. If the spot price of the euro at expiration is $1.35, what is Citigroup’s profit (loss) on the call option?

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Citigroup sells a call option on euros with strike price of $1.33 (contract size is €500,000) at a p...

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