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  3. 2. a put option to sell60,500 euros in three month

2. A put option to sell60,500 Euros in three months for $0.9200/ (strike price) has...

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2. A put option to sell60,500 Euros in three months for $0.9200/ (strike price) has a premium of 1.33cents per Euro. If the spot rate on the expiration date of the option is$0.9000/, what is the overall profit/loss of the put writer? (2 points) 0-$405 -$300 $950 5375

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