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A company has sold euro put options at a premium of $ 0 . 0 1 per unit , and with an exercise price of

A company has sold euro put options at a premium of $0.01 per unit , and with an exercise price of $1.16 per unit. Assume that the put options are exercised at the levels indicated in the table below. Determine the net profit or loss per unit to the company in each case. Possible value of euro; i.$1.12, ii. $1.13, iii. $1.14, iv. $1.15, v. $1.16. Net profit or loss value occurs

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