Question

You have sold a put option on British pound and receive $0.03 per pound. The exercise price is $0.75 per British pound and at expiration the exchange rate was 1.5 British pound per dollar. Compute the net profit if the size of contract is 31,250.
a. Net loss $1,666.67
b. Net profit $1,666.67
c. Net profit $0 d. Net loss $3,541.67​

Answer 1

Answer:

I don't no answer

Step-by-step explanation:

I don't no answer