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e ) You have long a put on one Swiss franc ( CHF ) with strike CHF 1 . 7 / $ . If the

e) You have long a put on one Swiss franc (CHF) with strike CHF1.7/$. If the terminal spot rate is
CHF1.6/$, your dollar payoff x from the option is:
A.x=0
B.x=-1.6
C.x=1.6
D.x=-11.6
E.x=11.6
F.x=-1.7
G.x=1.7
H.x=-11.7
I. x=11.7
J.x=-0.1
K.x=0.1
L.x=-10
M.x=10
N.x=11.7-11.6
O.x=11.6-11.7
P. None of the above
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