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USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

Question 48

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USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S) -Refer to Exhibit 16.1. If the spot rate at expiration is $0.90 and the call option was purchased, what is the dollar gain or loss? A) $0 B) $3750 gain C) $3660 gain D) $4650 loss E) $2680 loss
-Refer to Exhibit 16.1. If the spot rate at expiration is $0.90 and the call option was purchased, what is the dollar gain or loss?


A) $0
B) $3750 gain
C) $3660 gain
D) $4650 loss
E) $2680 loss

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