Selbie sehagl trades currencies for Indi Funds in Delhi. She focuses nearly all of her time and attention on the U.S. dollar/Indian Rupee (S/R_p) cross-rate. The current spot rate is $0.0170R_p. After considerable study. She has concluded that Indian Rupee will appreciate versus the U. S. dollar in the coming 90 days, probably to about $0.0220/R_p. She has the following options on the Singapore dollar to choose from: a. Should Shelbie buy a put on Indian Rupee or a call on Indian Rupee? b. What is Shelbies breakeven price the option purchased in part (a)? c. Using your answer from part (a), what is Shelbie's gross profit and net profit (including premium) if the spot rate at the end of 90 days is indeed $0.0220R_p? d. Using your answer from part (a), what is Shelbie's gross profit and net profit (including premium) if the spot rate at the end of 90 days is $0.0300/R_p