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Henrik's Options. Assume Henrik buys a call option on euros with a strike price of...

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Henrik's Options. Assume Henrik buys a call option on euros with a strike price of $1.2500/ at a premium of 3.80/ per euro ($0.0380/) and with an expiration date three months from now. The option is for 100,000. Calculate Henrik's profit or loss should he exercise before maturity at a time when the euro is traded spot at strike prices beginning at $1.12/, rising to $1.30/ in increments of $0.03. The profit or loss should Henrik exercise before maturity at a time when the euro is traded spot at $1.12/ is $. (Round to the nearest cent and indicate a loss by using a negative sign.)

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