Ime Lelli.U.UU UHUM ILLUM Question 35 (3 points) The current spot exchange rate is $1.50 = 1.00 and the three-month forward rate is $1.55 = 1.00. You buy a call option on 62,500 with a strike price of $1.47 = 1.00 and pay an option premium (price) of $0.04 per euro. If the exchange rate at expiration is $1.65 = 1.00, what is your profit or loss from the option position? loss of $625 loss of $8,750 loss of $11,250 gain of $625 O gain of $8,750 gain of $11,250