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5. The dollar to the euro is quoted at $1.1240/ today. Call options on the euro with an exercise price of $1.1220/ and expiration in

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5. The dollar to the euro is quoted at $1.1240/ today. Call options on the euro with an exercise price of $1.1220/ and expiration in three months are selling for $0.0360/E. Eacl option contract is for 62,500. You start with $126,000. a. If you buy the euro calls, how much premium do you pay per contract? b. How many call contracts can you buy? c. If in three months the exchange rate is $1.1280/E: i. Would you exercise? ii. What would be the total payoffs? iii. What would be the total profits/losses

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