Question: How do I approach this question? Call options for AUD with an exercise price of SEK5.56/AUD and a premium of SEKO.02 have a spot rate
How do I approach this question?

Call options for AUD with an exercise price of SEK5.56/AUD and a premium of SEKO.02 have a spot rate of SEK5.57/AUD at maturity. If the contract size is AUD600,000, these options are in the money A and the net profit to a rational purchaser of this option is +SEK 6,000 X
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