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Find the lower bound of an European foreign curency put if the spot rate is 3.50 the domestic rate is 8% the foreign interest rate

Find the lower bound of an European foreign curency put if the spot rate is 3.50 the domestic rate is 8% the foreign interest rate is 7% the option expires in six months and the exercise price is 3.75. Please shows all the steps

A. 5.6

B. 6.5

C. 9.8

D. None

Determine the value of an European foreign currency put if the call is 0.05, the spot rate is 0.5702, the exercise price is 0.59 the domestic rate is 5.75% the foreign rate is 4.95% and the options expire in 45 days.

A. 0.069

B. 3.4

C5.6

D. 8.9

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