Under the Purchase Power Parity, ef approximately = Ih1lflflh The current strike price for a...

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Under the Purchase Power Parity, ef approximately = Ih1lflflh The current strike price for a Pound Put option is $1.50. The Pound is currently trading at $1.48. The premium was $.03. The option is: In the money, and will make $.02. In the money, and will make $.01 Out of the money, and will make $.02 At the money, and will make $0.00

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