a.Using listed exchange prices, your calculator or web based pricing engines, price a vanilla option to speculate using your previous market rationale. b.For a range of possible spot values at expiration calculate your profit/loss profile for speculating with a forward vs speculating with an option. c.Generate a table and graph of the profit or loss from this position. d.How is this option position outcome different than entering into a forward and different the the one entered into by the hedger from the last step