The USD/GBP Exchange Rate Is $1 An Investor Buys a Knock-Out USD Call/GBP Put with a a Knock-Out
The USD/GBP exchange rate is $1.575/ .An investor buys a knock-out USD call/GBP put with a strike of $1.575/ and a barrier of $1.515/ .The implied view of the investor is
A) GBP is going to appreciate against the dollar by at least $0.06/
)
B) GBP is going to appreciate against the dollar but by at most $0.06/
)
C) GBP is going to depreciate against the dollar by at least $0.06/
)
D) GBP is going to depreciate against the dollar but by at most $0.06/
)
Correct Answer:
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