John trades Euros. The current spot rate of the Euro is $1.15. John predicts that the Euro spot rate will be $1.30 after 30 days. Therefore, John plans to trade options to capture the profits from his prediction of the Euro movement. There is currently a put option at the money with a 30-days expiration date has a premium of $0.08. There is also a call option on Euro with a 30-days expiration date has an exercise price of $1.18 and a premium of $0.08. (Hint: Think about whether John should buy/sell the call put option based on his predication on the future sport rate of the Euro) a. How should John trade the call/put option to capture the profits? b. Draw the contingency graphs for John's cal/put option position. c. What is the breakeven point of John's speculation call/put option position