Multiple Choice
Suppose it is January 1990 and the current spot rate for the DM is $0.5925.The call premium on a call option with an exercise price of $0.5675 is $0.0373.What is the intrinsic value of one DM 62,500 call option?
A) $2,331.25
B) $1,562.50
C) $950.00
D) $768.75
Correct Answer:
Verified
Correct Answer:
Verified
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