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Assume that an investor purchased a call option on Swiss francs for $0.0018 per unit. The exercise price was $0.75. The spot price at the

Assume that an investor purchased a call option on Swiss francs for $0.0018 per unit. The exercise price was $0.75. The spot price at the time of the option expiration date was $0.78. Assume there are 62,500 units in a Swiss franc options contract. What was the net profit/loss on this option to the investor?

A. $1,762.50

B. -$112.50

C. $1,875.00

D. -$1,875.00

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