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A call option on UK pounds has a strike price of $2.05/£ and a cost of $0.02. What is the break-even price for the option?
Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations by comparing current assets to current liabilities.
Current Ratio
A liquidity ratio calculated as current assets divided by current liabilities, indicating the ability of a company to pay short-term obligations.
Current Liabilities
Debts or obligations that a company expects to pay off within one fiscal year, including accounts payable, short-term loans, and accrued expenses.
Current Assets
Assets that a company expects to convert into cash, sell, or use up within one year or within its operating cycle if longer than a year.
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