Question: The current spot exchange rate is $1.49/. Consider a three-month American call option on 62,500 with a strike price of $1.50/. If you pay an

The current spot exchange rate is $1.49/. Consider a three-month American

The current spot exchange rate is $1.49/. Consider a three-month American call option on 62,500 with a strike price of $1.50/. If you pay an option premium of $5,500 to buy this call, at what exchange rate will you break-even? $1.4120/ $1.5880/ $1.5245/ $1.6224/

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