Question: Katya Berezovsky expects that the U . S . dollar will rise significantly against the Japanese yen. She expects the spot rate to be 1
Katya Berezovsky expects that the US dollar will rise significantly against the Japanese yen. She expects the spot rate to be $ in days. The current spot rate is $ She must choose between the following day options on the Japanese yen: Call on yen strike price $; premium $ and Put on yen strike price $; premium $ What is her correct position and breakeven price?
Group of answer choices
buy call; break even $
buy put; break even $
buy call; break even $
buy put; break even $
buy put; break even $
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