7.(20 points) A.S. Corporation has purchased Euro put options for speculative purposes. TH put option premium was $0,07 per unit and the put's strike price was $1.20 The a. (5 points) Does A.S. Corporation expect the Euro to appreciate or depreciate? Why? b. (9 points) In the following table, fill in the net profit (or loss) to A.S. based on the spot rate of the Euro. Graph the Net Profit or Loss per Unit to A.S. as a function of the possible spot rate of the Euro. Net Profit (Loss) per Possible Spot Rate Of the Euro Unit to A.S. Unit 1.10 1.12 1.14 1.16 1.18 1.20 1.22 1.24 1.26 1.28 (6 points) The C.EO of AS. Corporation wants to know if the Venezuelan Bolivar will strengthen or weaken against the Canadian dollar between now and the end of the year. Explain your forecast for the Venezuelan Bolivar including your logic. c