STE2 of 2 Suppose that you are a speculator that anticipates a depreciation of the Singapore Dollar (ss). You purchase a put option contract on Singapore dollars. Each contract represents S$45,000, with a strike price of $0.77 and an option premium of $0.03 per unit Is Suppose that the spot price of the Singapore dollar is $0.73 just before the expiration of the put option corvtract. At this time, you exercise the option while also purchasing S$45,000 in the spot market at the current spot rate. Assume the seller, after you exercise the put option, immediately sells the S$45,000 on the spot marketi Now consider this scenario from the perspectade of the individual or firm that sold you the put option Note: Assume there are no brokerage fees. Use the drop-down selections to win the following table from the sellers perspective, Per Unit Per Contract $0.73 -$0.77 Transaction Selling Price of S$ Purchase Price of $$ + Premium Paid for Option Net Profit $0.03