The premium on a call option is primarily a function of the difference in spot price relative to the strike price X, the length of time until expiration T. and the volatility of the currency o. C-(S-X, T, a) For each characteristic of a call option, use the table to indicate whether that would lead to a higher call option premium or a low call option premium (all else equat. Characteristic Higher Call Option Premium Lower Call Option Premium A higher spot price relative to the strike price A shorter time before expiration A higher level of volatility for the currency amountat doar When using a call option to hedge project bidding in an international currency, a U.S. baced MNC can lock in the needed to obtain the needed foreign currency The premium on a call option is primarily a function of the difference in spot price relative to the strike price X, the length of time until expiration T. and the volatility of the currency o. C-(S-X, T, a) For each characteristic of a call option, use the table to indicate whether that would lead to a higher call option premium or a low call option premium (all else equat. Characteristic Higher Call Option Premium Lower Call Option Premium A higher spot price relative to the strike price A shorter time before expiration A higher level of volatility for the currency amountat doar When using a call option to hedge project bidding in an international currency, a U.S. baced MNC can lock in the needed to obtain the needed foreign currency