Brian Tuil sold a put option on Canadian dollars for $0.05 per unit. The strike...
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Brian Tuil sold a put option on Canadian dollars for $0.05 per unit. The strike price was $0.76, and the spot rate at the time the option was exercised was $0.70, Assume Brian immediately sold off the Canadian dollars received when the option was exercised. Also assume that there are 46,700 units in a Canadian doliar option. What was Brian's net profit on the put option? Use a minus sign to enter loss values, if any, If the answer is zero, enter " 0 ;. Round your answer to the nearest dollar
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