Home Course Categories Our Services - Announcements About us - Educator Materials o contact. My courses - Home > My courses > Faculties > Summer Semester > Faculty of Economics and Administrative Sciences > Banking and finance > FIN404 > Toples Question 9 Not yet answered Marked out of 10.00 p Flag question Hans purchases a put option for $0.005/TL (premium), which gives him right (but not obligation) to sell currency at $0.145/TL. Assume that the spot rate is $0.148/TL, Should he exercise the option or not? what is his profit (or loss) Select one: O a. All answers are wrong O b. No, he should not exercise the option. The loss = - $0.002 O c. Yes, he should exercise the option. The loss = - $0.002 O d. No, he should not exercise the option. The loss = - $0.005 e L Type here to search