Consider a european put option selling on the chicago


Consider a European put option selling on the Chicago Merchantile Exchange with a strike price of USD 0.7000 / CAD selling for a premium of USD 0.0120 / CAD. Each contract is for CAD 125,000. What is the total profit on an investment in this option if the spot rate at expiration is USD 0.6760 / CAD?

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Financial Management: Consider a european put option selling on the chicago
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