1.You want to construct a euro straddle. A call option on euros with an exercise price of 1.10 USD has a premium of 0.025 USD per unit.A euro put option has a premium of 0.017 USD per unit for the same exercise price.

If you construct a long euro straddle, what is your net profit per unit if the future spot rate is 1) 0.90 USD, 2) 1.05 USD, 3) 1.50 USD, and 4) 2.00 USD

oWhat is the break-even points of the long straddle? Would this change if it was a short straddle?