An investor is expecting that the euro either will sharply increase or sharply decrease against the Japanese Yen. The investor purchases 2 options 1) a currency put option on the euro with a strike price (exchange rate) of 126/. When the investor purchases the contract, the spot rate of the euro is equivalent to #125/. the premium is 2/ 2) a currency call option on the euro with a strike price (exchange rate) of 126/. When the investor purchases the contract, the spot rate of the euro is equivalent to X125/. the premium is 3/ a) Assume the euro's spot price at the expiration date (market price) is 138/ The investor's profit 1 = b) Assume the euro's spot price at the expiration date (market price) is W114/ The investor's profit 1 = c) What is the maximum loss Maximum loss = \/