Laila Cook works as a currency speculator for Adel Capital. She wants to be a holder of an option. The current spot rate is 125/5. She must choose between the following 90-day options on the Japanese yen: Option Put on yen Call on yen Strike Price 130/5 120/5 Premium 50.0001677 $0.00032 If she believes the value of the U.S. dollar will increase significantly against the Japanese yen what is her breakeven price on the option that she needs to buy? 115.6069/5 132 8021/8 *122.5490/5 120.1923/5