Assume Henrik buys a call option on euros with a strike price of

$1.2500/

at a premium of

3.80

per euro

($0.0380/)

and with an expiration date three months from now. The option is for

100,000.

Calculate Henrik's profit or loss should he exercise before maturity at a time when the euro is traded spot at strike prices beginning at

$1.11/,

rising to

$1.29/

in increments of

$0.03.

The profit or loss should Henrik exercise before maturity at a time when the euro is traded spot at

$1.11/

is

$enter your response here.

(Round to the nearest cent and indicate a loss by using a negative sign.)The profit or loss should Henrik exercise before maturity at a time when the euro is traded spot at

$1.14/

is

$enter your response here.

(Round to the nearest cent and indicate a loss by using a negative sign.)The profit or loss should Henrik exercise before maturity at a time when the euro is traded spot at

$1.17/

is

$enter your response here.

(Round to the nearest cent and indicate a loss by using a negative sign.)The profit or loss should Henrik exercise before maturity at a time when the euro is traded spot at

$1.20/

is

$enter your response here.

(Round to the nearest cent and indicate a loss by using a negative sign.)The profit or loss should Henrik exercise before maturity at a time when the euro is traded spot at

$1.23/

is

$enter your response here.

(Round to the nearest cent and indicate a loss by using a negative sign.)The profit or loss should Henrik exercise before maturity at a time when the euro is traded spot at

$1.26/

is

$enter your response here.

(Round to the nearest cent and indicate a loss by using a negative sign.)The profit or loss should Henrik exercise before maturity at a time when the euro is traded spot at

$1.29/

is

$enter your response here.

(Round to the nearest cent and indicate a loss by using a negative sign.)