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Suppose the Spot Exchange Rate Is $1

Question 3

Multiple Choice

Suppose the spot exchange rate is $1.43 per British pound and the strike on a dollar denominated pound call is $1.30.Assume r = 0.045,rf = 0.06,σ = 0.15 and the option expires in 180 days.What is the call option price?


A) $0.133
B) $0.143
C) $0.153
D) $0.163

Correct Answer:

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