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Speculating with Currency Put Options Alice Duever purchased a put option on British pounds for $.04 per unit.The strike price was $1.80, and the spot

Speculating with Currency Put Options Alice Duever purchased a put option on British pounds for $.04 per unit.The strike price was $1.80, and the spot rate at the time the pound option was exercised was $1.59.Assume there are 31,250 units in a British pound option.What was Alice's net profit on the option?

Hi,

How do you draw a chart base on this problem.

I just need the chart. Please draw payoff charts, Find where the net profit per unit is along the payoff line..

Thank you!

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