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Business, 18.06.2021 03:20 silasjob09

A U. S. corporation has purchased currency call options to hedge a 70,000 British pound payable. The premium is $.035, and the exercise price of the option is $1.30. If the spot rate at the time of maturity is $1.45, what is the total amount paid by the corporation if it acts rationally

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A U. S. corporation has purchased currency call options to hedge a 70,000 British pound payable. The...

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