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Please answer these two problem If you sold a put option contract (contract size is 31,250) with exercise price of $1.50/ and premium of $0.15/,

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Please answer these two problem

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If you sold a put option contract (contract size is 31,250) with exercise price of $1.50/ and premium of $0.15/, at what future spot exchange rate will you break even? You can leave out the currency symbols and just enter the number in your answer. Fill in the blank [l If a put option has an exercise price of $1.50/, premium of $0.15/, and contract size of 31,250, what is the maximum possible prot possible for a buyer of this contract? Provide your answer to two decimal places and do not use commas or currency symbols. Fill in the blank

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