For a 150pound call option with an initial premium of


For a $1.50/£ call option with an initial premium of $0.033/£ and a phi value of –0.2, after an increase in the foreign interest (the pound sterling rate) rate from 8 percent to 9 percent, the new option premium would be A $0.035/£ B $1.48/£ C $0.031/£ D $0.032/£

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Financial Management: For a 150pound call option with an initial premium of
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