n NISM Certifications
NSM General NISM
Medium

A client buys a USD call option at strike of 75.5 and pays a premium of INR 0.3. What would be the breakeven point for the transaction?

Practice question from Exchange Traded Currency Options Mock Test Test — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    75.2

  2. B

    75.6

  3. C

    76.1

  4. 75.8

    Correct answer

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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