1. Using the quotations in the following table, calculate the US dollar value of the open interest in the June and September Swiss franc futures contracts.

Please show your work.

	Open	High	Low	Settle	Change	Open interest
Canadian Dollar (CME)-CAD 100,000; $ per CAD
June	.7724	.7768	.7714	.7753	.0023	118,862
Sept	.7719	.7766	.7715	.7753	.0023	2,744
British Pound (CME)-62,500; $ per
June	1.4353	1.4416	1.4333	1.4391	.0023	238,280
Sept	1.4356	1.4421	1.4342	1.4398	.0023	1,796
Swiss Franc (CME)-CHF 125,000; $ per CHF
June	1.0258	1.0271	1.0231	1.0235	.0032	43,970
Sept	1.0300	1.0300	1.0276	1.0282	.0032	178

2. You write a put option on JPY with a strike price of USD0.008/JPY (JPY125.00/USD) at a premium of USD0.008 per JPY and with an expiration date six months from now. The option is for JPY12,500,000.

What is your profit or loss at maturity if the ending spot rates are:

JPY110.00/USD

JPY122.00/USD

JPY135.00/USD

JPY140.00/USD