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A US Company Holds Put Options in Euros with a Strike

Question 22

Multiple Choice

A U.S. company holds put options in euros with a strike price of $1.25/€. The spot price of euros declines to $1.23/€. The company will:


A) Gain on the put options
B) Not exercise the options
C) Lose on the put options
D) Continue to hold the options after they expire

Correct Answer:

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