net profit options are: -$0.52 -$0.27 -$0.39 -$0.02

per contract options: From top to bottom: selling price: $20,300 $29,000 $17,400 $23,200

Purchase price: -$44,100 -$31,500 -$40,950 -$37,800

premium paid for option: $1,200 $900 $1,500 $1,050

net profit: -$25,800 -$13,400 -$1,000 -$19,600

Suppose that you are a speculator that anticipates a depreciation of the Singapore dollar (S$). You purchase a put option contract on Singapore dollars. Each contract represents S$50,000, with a strike price of $0.63 and an option premium of $0.03 per unit. Suppose that the spot price of the Singapore dollar is $0.58 just before the expiration of the put option contract. At this time, you exercise the option, while also purchasing 5$50,000 in the spot market at the current spot rate. Assume the seller, after you exercise the put option, immediately sells the S$50,000 on the spot market. Now consider this scenario from the perspective of the individual or firm that sold you the put option. Note: Assume there are no brokerage fees. Use the drop-down selections to fill in the following table from the sellers perspective Per Unit Per Contract $0.58 Transaction Selling Price of S$ - Purchase Price of S$ + Premium Paid for Option - $0.63 50.03 = Net Profit