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Consider a June Euro currency put with K = 1.045 and a put premium of 0.020....

  1. Consider a June Euro currency put with K = 1.045 and a put premium of 0.020. Suppose the current spot exchange rate of 1 Euro (Euro-USD) is 1.085 (1€ = $1.085). The breakeven Euro exchange rate is ________________. With the current € exchange rate, the intrinsic value of this Euro put is ______________, the time value is _____________, and the profit of the currency put is ________________.
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