Question: D Question 27 2.5 pts Questions 26-30 are based on the following information Assume the current spot Euro is $1.30/ and the six-month European put

 D Question 27 2.5 pts Questions 26-30 are based on the

D Question 27 2.5 pts Questions 26-30 are based on the following information Assume the current spot Euro is $1.30/ and the six-month European put option has a striking price of $1.35/. Assume the option premium is $0.03/. If at the due date, the value of the Euro has risen to $1.37/, will the option be exercised or not? The net profit/loss of the buyer of the option will be Yes; $-0.01 O No; $-0.03 O Yes; $0.02 No; $0.01

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