show work please

Use the following information for the next 2 questions: Katy gets the following quotes on the Chinese Yuan. Assume that 1 option contract = 100 puts. If Spot rate is $0.16/, what is the intrinsic value for a put? Option Strike Price Premium Put ($/) $0.14 $0.05 -$0.02 $0 $0.02 $0.05 Question 2 (1 point) Saved If Spot rate at maturity is $0.10/: To a put buyer, how much is the net profit of 50 option contracts? -$20 - $50 $10 $50