1. Speculating with Currency Call Options. Randy Rudecki purchased a call option on British pounds for $.02 per unit. The strike price was $1.45 and the spot rate at the time the option was exercised was $1.46. Assume there are 31.250 units in a British pound option. What was Randy's net profit on this option? 2. Speculating with Currency Put Options. Alice Duever purchased a put option on British pounds for $.04 per unit. The strike price was $1.80 and the spot rate at the time the pound option was exercised was $1.59. Assume there are 31.250 units in a British pound option. What was Alice's net profit on the option? 3. Selling Currency Call Options. Mike Suerth sold a call option on Canadian dollars for 5.01 per unit. The strike price was 5.76, and the spot rate at the time the option was exercised was 5.82 Assume Mike did not obtain Canadian dollars until the option was exercised. Also assume that there are 50,000 units in a Canadian dollar option. What was Mike's net profit on the call option? 4. Selling Currency Put Options. Brian Tull sold a put option on Canadian dollars for 5.03 per unit. The strike price was $.75, and the spot rate at the time the option was exercised was $.72. Assume Brian immediately sold off the Canadian dollars received when the option was exercised. Also assume that there are 50.000 units in a Canadian dollar option. What was Brian's net profit on the put option