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USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

Question 99

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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 $0.80 and the call option was purchased, what is the dollar gain or loss? A) $123 gain B) $590 loss C) $312 gain D) $237 gain E) $0
-Refer to Exhibit 16.1. If the spot rate at expiration is $0.80 and the call option was purchased, what is the dollar gain or loss?


A) $123 gain
B) $590 loss
C) $312 gain
D) $237 gain
E) $0

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