Problem 7:

Intro In March, an investor bought a call option on the Canadian Dollar with an expiration date in June and a strike price of $0.68 for $0.016 per option. Part 1 Attempt 1/10 for 10 pts. What will be the net profit or loss to the investor if the exchange rate is $0.71 on the expiration date? 4+ decimals Submit Part 2 Attempt 1/10 for 10 pts. What will be the net profit or loss to the investor if the exchange rate is $0.62 on the expiration date? 4+ decimals Submit