Multiple Choice
From the perspective of the writer of a put option written on €62,500. If the strike price is $1.55/€, and the option premium is $1,875, at what exchange rate do you start to lose money?
A) $1.52/€
B) $1.55/€
C) $1.58/€
D) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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