Assume a call option on euros is written with a strike price of 1.2500 euro/ at a premium of 3.80cents per euro (0.0380/) and with an expiration date three months from now. The option is for 10100,000.

Calculate your profit or loss should you exercise before maturity at a time when the euro is traded spot at strike prices beginning at 1.10/,

rising to 1.40/ in increments of 0.05.