Assume you buy a call option for 62,500 with a strike price of $1.070 and a premium of $.01/. Assume you buy a put option for 62,500 with a strike price of $1.070 and a premium of $.005/. 1. Turn in a spreadsheet (Use Excel) (50 points) Examine the payoffs from possible ending spot rates of $1.020 to $1.120 with increments of $.005. (i.e., 1.020, 1.025, 1.030......, 1.115, 1.120) Build a spreadsheet exactly as we did in class to show the payments, receipts and net position for each option and spot rate. For example Spot rates 1.020 1.025 1.030 1.035 Call Payments Premium Option Exercise Call Receipts Spot sale of Net Position 2. Turn in a graph (se Excel and another spreadsheet (34 points I want hard copies, not electronic the nut otion call option and the net payoff from the combined strategith the spot rates on the Assume you buy a call option for 62,500 with a strike price of $1.070 and a premium of $.01/. Assume you buy a put option for 62,500 with a strike price of $1.070 and a premium of $.005/. 1. Turn in a spreadsheet (Use Excel) (50 points) Examine the payoffs from possible ending spot rates of $1.020 to $1.120 with increments of $.005. (i.e., 1.020, 1.025, 1.030......, 1.115, 1.120) Build a spreadsheet exactly as we did in class to show the payments, receipts and net position for each option and spot rate. For example Spot rates 1.020 1.025 1.030 1.035 Call Payments Premium Option Exercise Call Receipts Spot sale of Net Position 2. Turn in a graph (se Excel and another spreadsheet (34 points I want hard copies, not electronic the nut otion call option and the net payoff from the combined strategith the spot rates on the