What is the difference between the price of an option, the value of an option, the premium

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What is the difference between the price of an option, the value of an option, the premium on an option, and the cost of a foreign currency option?

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Multinational Business Finance

ISBN: 978-0134796550

15th edition

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

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