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Ask the Tutor ACCA AFM

NUTOURNE CO (DEC 18)

Former userFormer user4y ago

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John MoffatJohn MoffatTutor4y ago#1
No. The options are quoted in CHF. Nutourne is receiving CHF and needs to sell the CHF to convert to $'s. Therefore they need options to sell CHF i.e. CHF put options.
John MoffatJohn MoffatTutor4y ago#2
Yes - the quotes are in US$ = CHF1
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