Multiple Choice
A U.S. company holds put options in euros with a strike price of $1.25/€. The spot price of euros declines to $1.23/€. The company will:
A) Gain on the put options
B) Not exercise the options
C) Lose on the put options
D) Continue to hold the options after they expire
Correct Answer:
Verified
Correct Answer:
Verified
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