Business
Business, 07.04.2020 18:28, ilovecupcakes8459

Citicorp buys a call option on Euro (contract size is Euro 2,000,000) at a premium of $0.02 per Euro. If the exercise price is $0.59 and the spot price of the mark at date of expiration is $0.60, what is Citicorp's profit (loss) on the call option

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Citicorp buys a call option on Euro (contract size is Euro 2,000,000) at a premium of $0.02 per Euro...

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