PU AUS investor has purchased today. put options on 10 million Pounds. The put options have an exercise price of $ 1.56/Pound with a maturity of 6 months and a premium of $0.05/Pound. If the spot rate after 6 months turns out to be $1.46/Pound, The investor will make a $0.1 million profit. The investor will incur a loss of $0.1 million The investor will incur a loss of $0.5 million. The investor will make a $0.5 million profit