The premium on an American call option on the British pound with a strike of 15,705 is
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Question:
The premium on an American call option on the British pound with a strike of 15,705 is currently 5 cents for every pound. The current spot exchange rate is 15,200, What is the intrinsic value of the call option?
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ISBN: 978-1111222284
3rd edition
Authors: John Graham, Scott Smart
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