An investor is bearish on the euro and believes it will decrease against the Japanese Yen. The Investor purchases a currency put option on the euro with a strike price (exchange rate) of 134/C. When the investor purchases the contract, the spot rate of the euro is equivalent to 131/. the premium is 2/ a) Assume the euro's spot price at the expiration date (market price) is 124/ The investor's profit \/C b) Assume the euro's spot price at the expiration date (market price) is 138/ The investor's profit=[ c) What is the maximum loss Maximum loss X/ d) What the maximum profit Maximum profit [ X/ VIC 657