May 19, 2002, British Pound Option Prices (cents per pound, 62,500 pound contracts).

Option & Underlying	Strike Price	CallsLast		PutsLast
May	June	July		May	June	July
1448	1440	0.88	1.42	1.42		0.52	1.06
1448	1450	0.42	1.02
1448	1460	0.20	0.68	0.72			2.32

What was the closing price of the British pound on May 18, 2002?

	a.	$1.448/
	b.	1.448/$
	c.	$14.48/
	d.	None of the above