Jill is a currency trader for CIM Bank in Switzerland. Anne believes that the Swiss Franc (CHF) will appreciate versus thus the coming 90 days. The current spot rate is CHF1.2116/6. She may choose between the following options on the Swiss Frane Option Strike Price Premium Put on CHF CH 1.19B7 50.00049/CHF Call on CHF CHF1.1987 $0.00039/CHF Recommend whether she should buy a put on Swiss Franc or a call on Swiss Franc. Justity your answer b. Estimate the breakeven price on the option purchased in part (a). Using your answer from part (a), estimate gross profit and net profit if the spot rate at the end of 90 days is indeed CHF12100/5. d. Using your answer from part (a), re-estimate the gross profit and net profit if the spot rate at the end of 90 days is CHF 1.15435 a. C