Question: 3 pts Question 4 The current spot exchange rate is $1.3434/1.00 and the three-month forward rate is $1.3430/1.00. Consider a three-month American put option on

 3 pts Question 4 The current spot exchange rate is $1.3434/1.00

3 pts Question 4 The current spot exchange rate is $1.3434/1.00 and the three-month forward rate is $1.3430/1.00. Consider a three-month American put option on 62.500 with a strike price of $1.3521/1.00. If you pay an option premium of $2,500 to buy this put, at what exchange rate will you break-even? $1.3834/1.00 $1.3034/1.00 O $1.3121/1.00 $1.3921 /1.00 $1.3030/1.00

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