International Financial Management 2nd Edition by Geert Bekaert ,Robert Hodrick

تمرين 8

Suppose the current spot rate is $1.29/€. What is your payoff if you purchase a down-and-in put option on the euro with a strike price of $1.31 /€, a barrier of $1.25 /€, and a maturity of 2 months When would someone want to do this