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Business, 12.11.2020 18:30 21hendlill

Randy Rudecki purchased a call option on British pounds for $0.07 per unit. The strike price was $1.45 and the spot rate at the time the option was exercised was $1.46. Assume there are 30,600 units in a British pound option. What was Randy's net profit on this option?

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Randy Rudecki purchased a call option on British pounds for $0.07 per unit. The strike price was $1....
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