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Reska, Incy, has constructed a fong euro straddie. A call option on euros with an exercise price of $1.10 has a premium of 50.015 per

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Reska, Incy, has constructed a fong euro straddie. A call option on euros with an exercise price of $1.10 has a premium of 50.015 per unit, A euro put option has a promiurn of $0.006 per unit. Some possible eure values at option expiration are shown in the table beliow. a. Complete the worksheet and determine the net profit per unit to Reska, Inci, for each possible future spot rate. Use a mirus sign to enter ioss valuas, if any. If the answer is zero, enter " 0. Round your answers to three decimal places. b. Determine the break-even points of the long stradtje. What are the break-even points of a short stradole usho these opeions? Round your anawers to three decimal places. Lower break-even point (long straddie): $ Higher break-even point (long straddie): 3 Lower break-even point (shart straddie): $ Higher break-even point (short straddie): 5

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