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An investor sold a call option on Japanese yen for $0.00001 per unit. The option has a strike price of $0.0092. Assume that the option

An investor sold a call option on Japanese yen for $0.00001 per unit. The option has a strike price of $0.0092. Assume that the option can only be exercised on its expiration date.

1 -What will be the net profit (or loss) per unit to the investor if the exchange rate is $0.0078 per yen on the expiration date (in USD)?

2- What will be the net profit (or loss) per unit to the investor if the exchange rate is $0.0092 per yen on the expiration date (in USD)?

3- What will be the net profit (or loss) per unit to the investor if the exchange rate is $0.0106 per yen on the expiration date (in USD)?

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