Consider the option price for a CHF 125,000 contract. Suppose you need CHF 1,250,000 in June. The information below is provided to you. Today, the EUSD/CHF = 1.02 Call Put Strike Price June | June 1.065 1.0312 | .0164 a) If you buy an option for a strike price of 1.065, how many contracts do you need to purchase and what is the total option premium? b) Suppose in June the spot rate is equal to 1.04. Do you exercise the option? Why or why not? What is your payoff? c) Suppose in June, the spot rate is equal to 1.09. Do you exercise the option? Why or why not? What is your payoff