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 133/. When the investor purchases the contract, the spot rate of the euro is equivalent to 4133/ the premium is 2 a) Assume the euro's spot price at the expiration date market price) is 1251 The investor's profit WE b) Assume the euro's spot price at the expiration date market price is W1371 The investor's profit w What is the maximum loss Maximum loss WE d) What the maximum profit Maximum profit- WE An investor is bullish on the euro and believes it will increase against the Japanese Yen The inwestor purchases a currency call option on the euro with a strike price (exchange rate) of M1271 When the investor purchases the contract the spot rate of the euro is equivalent to 125 Assume the euro's spot price at the expiration date market price) is M135/ the premium is V21 Assome the euro's spot price at the expiration date market price) is M135/ The investor's profit by Assume the euro's spot price at the expiration date market price) is 120 The investor's profit VE c) What is the maximum loss Maximum loss