Question: The premium for a British put pound with an exercise price of $1.67 is $.02. What is the breakeven spot rate for the buyer of

The premium for a British put pound with an exercise price of $1.67 is $.02. What is the breakeven spot rate for the buyer of the put?Immersive Reader

(1 Point)

$1.65.

$1.67.

$1.62.

$1.70.

$1.61.

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