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Jason purchased a call option on Swiss Franc for $0.69 per unit. The strike price was $1.28 and the spot rate at the time the

Jason purchased a call option on Swiss Franc for $0.69 per unit. The strike price was $1.28 and the spot rate at the time the option expired was $1.76. Each SF option contract has 20,000 units. Would Jason exercise this option or not? What was Jasons net profit on this call option?

a. -$4,200

b. $4,200

c. $5,600

d. $5,600

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