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Jackson is a speculator who sells a call option on Malaysian Ringgit for a premium of $ 0 . 0 3 8 per unit of

Jackson is a speculator who sells a call option on Malaysian Ringgit for a premium of $0.038 per unit of Malaysian Ringgit, with an exercise price of $0.21 per Malaysian Ringgit. The option will not be exercised until the expiration date, if at all. If the spot rate of Malaysian Ringgit is $0.25 per Malaysian Ringgit on the expiration date, Jackson's net profit per unit is:

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