Construct an option position (i.e., some combination of calls and/or puts) with the same risk profile ( versus ) as a forward contract to buy A$ at a forward price of

. Use both words and graphs.

a. Label the axes.

b. Identify the asset underlying the option(s).

c. Indicate whether each option is a put or a call.

d. Indicate whether you are buying or selling the option.

e. Indicate the exercise price.