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1. What is the gamma of an option?
2. How does a change in the volatility of the rate of appreciation affect the pricing of foreign currency options?
3. Why does a change in the domestic interest rate affect the pricing of a foreign currency option? Does a change in the foreign interest rate cause any change in option prices?
4. What is the theta of an option?
5. What is the implied volatility of an option?
what is conservatism? what are its
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