Question
An importer based in India has a large payment to make
in EUR after 2 months. To reduce exchange rate risk, the firm buys a European Call Option with a strike price of ₹91. At maturity, the spot rate is ₹94. What is the result of the option strategy?Solution
A call option gives the right to buy foreign currency at the strike price. Since the spot is ₹94, and the option allows buying at ₹91, the importer exercises it and gains ₹3 per EUR.
Monocotyledons and dicotyledons are subdivisions of which plant group?
Which of the following statements is not correct for Restriction enzymes ?Â
- Which of the following is a viral disease?
What is the primary nitrogenous waste product excreted by humans?
Which one of the following calcium salts is used as a fertilizer?Â
Which of the following is not an example of asexual reproduction?
What are the respiratory organs of insects?
The amount of light entering the eye is controlled by the_________.
Spirogyra reproduces primarily through which process?
Which type of muscular tissue is multinucleated?
