Cachita Haynes. Cachita Haynes works as a currency speculator for Vatic Capital of Los Angeles Her latest speculative position is to profit from her expectation that the US dollar will rise significantly against the Japanese yen. The current spot rate is 120.00 $1.00 She must choose between the following 90-day options on the Japanese yen a. Should Cachita buy a put on yon or a call on yen? b. What is Cachita's breakeven price on the option purchased in part (a)? c. Using your answer from part (a), what is Cachita's gross profit and net profit (including premium) if the spot rate at the end of 90 days is 140 00 $1.007 ents. (Click on the following icon in order to copy its contents into a spreadsheet.) Option Strike Price Premium $0.00003 per Put on yen 125= $1.00 Call on yen Y125 $1.00 $0.00046 per Y