Assume you have CHF revenues that you wish to convert into USD and you bought a CHF put option with a strike price of USD0.8/CHF. The premium was USD0.012/CHF. At the expiration of the option, the spot price was USD0.9/CHF. What was the net dollar amount you obtained per unit of CHF?

Select one:

A.

0.812

B.

0.9

C.

0.912

D.

0.888

E.

0.788