Q1. Compute the forward discount or premium for the Mexican peso whose 90-day forward rate is $0.202 and spot rate is $0.20. State whether your answer is a discount or premium. Q4. You sold a call option on Canadian dollars for $0.01 per unit. The strike price was $0.80, and the spot rate at the time the option was exercised was $0.91. Assume Faisal did not obtain Canadian dollars until the option was exercised. Also assume that there are 50,000 units in a Canadian dollar option. What was your net profit on the call option? Q5. You sold a put option on Canadian dollars for $0.03 per unit. The strike price was $0.70, and the spot rate at the time the option was exercised was $.85. Assume Ahmed immediately sold off the Canadian dollars received when the option was exercised. Also assume that there are 50,000 units in a Canadian dollar option. What was your net profit on the put option? Q2. You purchased a call option on British pounds for $.06 per unit. The strike price was $1.66 and the spot rate at the time the option was exercised was $1.76. Assume there are 31,250 units in a British pound option. What was your net profit on this option? Q3. You purchased a put option on British pounds for $.04 per unit. The strike price was $1.74 and the spot rate at the time the pound option was exercised was $1.62. Assume there are 31,250 units in a British pound option. What was your net profit on the option