A speculator writes $($or sells$)$ a call option on the Australian dollar $($AUD$)$ at an exercise exchange rate $($or strike price$)$ of $0\mathrm{.}6600($USD$/$AUD$).$ The size of the option contract is AUD $125,000.$ The premium is USD $0\mathrm{.}0050$ per AUD. Ignore all interest rates.

$($i$)$ At which spot exchange rate on the expiration date will the speculator break even?

$($ii$)$ Assume that the spot exchange rate on the expiration date is $0\mathrm{.}6500($USD$/$AUD$).$ Calculate the value of the call option and the speculator$$s net profit$/$loss$.$