3. Find the return on investment at the strike price of each price from the chart.

Baker Street. Arthur Doyle is a currency trader for Baker Street, a private investment house in London Baker Street's clients are a collection of wealtry private investors who, with a minimum stake of f240,000 each, wish to speculate on the movement of currencies. The investors expect annual teturns in excess of 25%. Although officed in London, all accounts and expectations are based in U.S. dollars. Arthur is convinced that the British pound will slide significantly - possibly to $1.3200/f - in the coming 30 to 60 daya. The current spot rate is $1.4261/f. Avthur wishes to buy a put on pounds which will yield the 25% return expected by his investors. Which of the following put options. would you recommend he purchase? Prove your choice is the preforable combination of strike price, maturity, and up-front premium expense. Because his expectation is for " 30 to 60 days" he should confine his choices to the day options to be sure and capture the timing of the exchange tate change (Select from the drop-down menu) The refum on investment (ROI) at the strike price of $1.36/c is 16. (Round to the nearest integer) Data table (Click on the icon to import the table into a spreadsheet.)