You purchase a put option on Swiss francs for a premium of $.02, with an exercise price of $.61. The option will not be exercised until the expiration date, if at all. If the spot rate on the expiration date is $.58, your net profit per unit is:

Respuesta :

Answer:

Net Profit = (0.61-0.58) - 0.02

                = 0.01

Explanation: