Question: Question 2 3 points Save Aaswe Assume that a speculator purchases a European style call option on euros for SO 0634 per unt te strke

 Question 2 3 points Save Aaswe Assume that a speculator purchases

Question 2 3 points Save Aaswe Assume that a speculator purchases a European style call option on euros for SO 0634 per unt te strke rate is 1 2071 AOoption represents 125 000 units Assure tat at the time of the purchase, the spot rate of the euro is $1.1598 and changes to $1.1331 by the expiration date. The net profit for the speculator based on the information above is: Answer format round to two decimals, $1.12

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