Please answer the next question based on the following quotes on currency options contracts for Swiss francs (CHF), where each contract 62,500 CHFs. Exercise prices, call and put premiums are in cents. Calls Vol. Last 62,500 Swiss Francs-European 77 Oct 77 Dec 78 Nov 78 Dec 79 Oct 79 Nov 79 Dec 80 Nov 80 Dec 81 Oct 81 Nov 81 Dec 82 83 83 10 2.78 31 3.60 14 5 5 5 21 10 645 10 47 6 1.59 2.04 Puts Vol. Last Style. 1.00 1.39 *** 2.66 100 50 9.12 47 0.23 0.43 0.27 *** 10 1.41 10 0.59 0.99 Nov 0.33 Nov 0.20 Dec 0.40 The cost of buving one CHF call options contract with an exercise price of $0.83 which expires on the 3rd Wednesday of December is: *** 15 3.12
Please answer the next question based on the following quotes on currency options contracts for Swiss francs (CHF), where each contract 62,500 CHFs. Exercise prices, call and put premiums are in cents. Calls Vol. Last 62,500 Swiss Francs-European 77 Oct 77 Dec 78 Nov 78 Dec 79 Oct 79 Nov 79 Dec 80 Nov 80 Dec 81 Oct 81 Nov 81 Dec 82 83 83 10 2.78 31 3.60 14 5 5 5 21 10 645 10 47 6 1.59 2.04 Puts Vol. Last Style. 1.00 1.39 *** 2.66 100 50 9.12 47 0.23 0.43 0.27 *** 10 1.41 10 0.59 0.99 Nov 0.33 Nov 0.20 Dec 0.40 The cost of buving one CHF call options contract with an exercise price of $0.83 which expires on the 3rd Wednesday of December is: *** 15 3.12
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Please answer the next question based on the following quotes on currency options contracts for Swiss francs (CHF), where each contract has
62.500 CHFs. Exercise prices, call and put premiums are in cents.
Calls
Vol. Last
62,500 Swiss Francs-European
10 2.78
77
Oct
31
3.60
14 2.66
1.59
2.04
$ 1.00
1.39
77
Dec
78 Nov
O $40
O $400
O $250
O $25
78
79
79
Dec
Oct
Nov
82
83
83
10
645
10
47
6
Puts
Vol. Last
Style.
0.59
0.99
0.33
47
100
50
79
Dec
80
Nov
80 Dec
81 Oct
81 Nov
81 Dec
Nov
Nov
0.20
Dec
0.40
The cost of buying one CHF call options contract with an exercise price of $0.83 which expires on the 3rd Wednesday of December is:
10
10
118211153
15
0.23
0.43
0.27
3.12
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