lylesparks2791
lylesparks2791
16.04.2020 • 
Business

You are a speculator who sells a put option on Canadian dollars for a premium of $0.03 per unit, with an exercise price of $0.86. The option will not be exercised until the expiration date, if at all. If the spot rate of the Canadian dollar is $0.78 on the expiration date, you net profit per unit is: a. $0.08 b. -$0.08 c. -$0.03 d. -$0.05

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