Peleh writes a put option on japanese yen with a strike

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Peleh writes a put option on Japanese yen with a strike price of $0.008/Yen at a premium of 0.0080cents per yen and with an expiration date six months from now. The option is for Yen12,500,000. What is Peleh's profit or loss at maturity if the ending spots are Yen110/$ and Yen115/$

Reference no: EM13618772

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