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USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

Question 103

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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 $0.75 and the put option was purchased, what is the dollar gain or loss? A) $0 B) $200 loss C) $200 gain D) $3160 gain E) $1187 loss
-Refer to Exhibit 16.1. If the spot rate at expiration is $0.75 and the put option was purchased, what is the dollar gain or loss?


A) $0
B) $200 loss
C) $200 gain
D) $3160 gain
E) $1187 loss

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