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International finance if you could please show work, thank you 5. Kevin purchased a put option on Yen for $0.006 per unit. The strike price

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International finance if you could please show work, thank you

5. Kevin purchased a put option on Yen for $0.006 per unit. The strike price was $0.152 and the spot rate at the time the option expired was $0.115. Each Yen option has 20,000 units. Would Kevin exercise this option or not? What was Kevin'net profit on the option? a. $120 b. $120 c. $620 d. -$620 e. None of the above

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