Valuation of the renminbi-yuan
Question: In the news recently, there has been a great deal of talk about the subject of the valuation of the renminbi (yuan). What is all the fuss about and how does it impact the US and Chinese trade?
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In the news recently, there has been a great deal of talk about the subject of the valuation of the renminbi (yuan).
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a. Calculate the option's exercise value? b. Calculate the value of the premium over and above the exercise value?
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