Once an option has been purchased, only two prices or rates are part of the holder's decision

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Once an option has been purchased, only two prices or rates are part of the holder's decision making process. Which two and why?
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Related Book For  answer-question

Multinational Business Finance

ISBN: 978-0133879872

14th edition

Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett

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