Question: wrong- explain correct answer Question 8 The spot exchange rate for AUD is $.6776. What is the minimum price that a three- month American call

wrong- explain correct answer

Question 8 The spot exchange rate for AUD is $.6776. What is the minimum price that a three- month American call option with a strike price of $.6500 should sell for in a rational market? Assume the annualized Australian interest rate is 1% and the annualized US interest rate is 2%. $.0291 $0 $.0293 $.0276

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