For the following trades i) identify the strategy and ii) calculate the pay-off (show pay- f chart): (*use the rates in the above table where required) [4 + 2 + 4 = 10 Marks] 1. Trader A sold a GBP/USD put for GBP 10,000,000 3 months ago at a strike of 1.3095 and received a premium of 0.0020. The option expires today and she does not require USD. 2. Trader B sold a USD/JPY call for USD 5 million and sold a USD/JPY put at a strike of 113.25. The premium was 0.30 for boths The option expires today. 3. Trader X bought a USD/INR put for USD 1,000,000 at a strike of 68.10 and sold a USD/INR call for USD 1 million at a strike of 73.35. The option expires today. For the following trades i) identify the strategy and ii) calculate the pay-off (show pay- f chart): (*use the rates in the above table where required) [4 + 2 + 4 = 10 Marks] 1. Trader A sold a GBP/USD put for GBP 10,000,000 3 months ago at a strike of 1.3095 and received a premium of 0.0020. The option expires today and she does not require USD. 2. Trader B sold a USD/JPY call for USD 5 million and sold a USD/JPY put at a strike of 113.25. The premium was 0.30 for boths The option expires today. 3. Trader X bought a USD/INR put for USD 1,000,000 at a strike of 68.10 and sold a USD/INR call for USD 1 million at a strike of 73.35. The option expires today