You Purchase a Put Option on Swiss Francs for a Premium

question 48

Multiple Choice

You purchase a put option on Swiss francs for a premium of $.02, with an exercise price of $.61. The option will not be exercised until the expiration date, if at all. If the spot rate on the expiration date is $.58, your net profit per unit is:

• A)-$.03.
• B)-$.02.
• C)-$.01.
• D)$.02.
• E)none of the above

Gain knowledge on the reaction mechanisms of ethers, including their synthesis and breakdown.

Understand the conversion of alcohols into ethers and the factors affecting these reactions.

Comprehend the synthesis and mechanism of formation of sulfonium salts.

Understand the role of sulfonium salts in biological systems.

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