2. need answers for a,b,c,d

Cece Cao in Jakarta. Cece Cao trades currencies for Sumatra Funds in Jakarta. She focuses nearty all of her time and attenton on the U S. dollar/Singapore dollar (\$/S5) cross rate The current spot rate is 50.6000SS. Aler considerable study, she has concluded that the Singapore dollar will appreciate versus tho U.S dollar in the corning 90 days, probably to about 50.7001/5S She has the following options on the Singapore dollar to choose from: a. Should Cece buy a put on Singapore dollars or a call on Singapore dollars? b. What is Cece's breakeven price on the option purchased in part a? c. Using your answer from part a, what is Cece's gross profit and net peofit (including premium) if the spot rate at the end of 90 days is indeed 50.7001/5$ ? d. Using your answer from part a, what is Cece's gross profit and net profe (including premium) if the spot rate at the end of 90 days is 50.800158% ? a. Should Cece buy a put on Singapore dollars or a cal on Singapore dollars? (Select the best choice below) A. Since Cece expects the Singapone dollar to appreciate versus the US dollat, she should buy a call on Singapore dollars. This gives hor the right to sell Singapore dollars at a hature date at 50.6500/55 each, and then immediately rebuy them in the open market at 50.7001/55 each for a profi of her expectation of the future spot rate proves correct) B. Since Cece expects the Singapore dollar to appreciate versus the U S. dollat, she should buy a cal on Singapore dollars This gives her the right to buy Singapote dellars at a future date at 50 6500/55 each, and then immediately resell them in the opon markot at 50 . 7001/55 each for a profit of her expectation of the future spot rate proves correct) C. Since Coce expects the Singapore dollar to appreciate versus the US dolar, she should buy a put on Singapore dollars. This gives her the right to buy Singapore dollars at a future date at $0.6500/55 each, and then immediately resell them in the open market at $0 7001/55 each for a profit. (if her expectation of the future spot rate proves correct) Data table (Click on the icon to import the table into a spreadsheet)