genyjoannerubiera
16.04.2020 •
Business
You are a speculator who sells a call option on Swiss francs for a premium of $0.06, with an exercise price of $0.64. The option will not be exercised until the expiration date, if at all. If the spot rate of thw Swiss franc is $0.69 on the expiration date, your net profit per unit, assuming that you have to buy Swiss francs in the market to fulfill your obligation, is: a. -0.02 b. 0.01 c. -0.01 d. 0.02
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