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2 . Suzi Suerth sold a call option on Canadian dollars for $ . 0 1 per unit. The strike price was $ . 7

2. Suzi Suerth sold a call option on Canadian dollars for $.01 per unit. The strike price was $.76, and the spot rate at the time the option was exercised was $.82. Assume Suzi did not obtain Canadian dollars until the option was exercised. What was Suzis net profit on the call option?
(1) What was Suzis net profit or loss on the call option per unit?
(2) What was the break-even point on the call option per unit?
(3) What was the sellers net profit or loss on the call option per unit?
(4) Draw the contingency graph for the buyer and the seller, showing the strike price, break-even point, and call option premium.

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