You buy a call option on Australian dollar (A$) for a premium of $.03 per unit, with an exercise price of $0.64; the opt
Posted: Thu Dec 23, 2021 9:02 am
You buy a call option on Australian dollar (A$) for a premium of
$.03 per unit, with an exercise price of $0.64; the option is a
European currency option. If the spot rate on the expiration date
is $0.66, your net profit per one A$ is:
$.03 per unit, with an exercise price of $0.64; the option is a
European currency option. If the spot rate on the expiration date
is $0.66, your net profit per one A$ is: