You bought British pound call option at a premium of $0.11 per unit. The exercise price...

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You bought British pound call option at a premium of $0.11 per unit. The exercise price is $1.73. In three months (right befo

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Answer 1

Answer #1

Net Profit from Call Option = (S - X) - Premium paid

Net Profit = (1.93 - 1.73) - 0.11

Net Profit = $0.09

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Answer 2

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