Suppose a speculator has $100,000 available for speculative purposes. The current spot exchange rate is $1.70/1. A 3-months call option on the pound is available to purchase at $1.80/1, and the premium of the call is $0.10 per pound. A 3-months forward contract is also available at $1.79/1. The speculator expects the dollar to depreciate with respect to the pound within the next 3 months. Showing all your calculations, complete the table below by evaluating the profit/loss profile of the speculator with respect to the forward contract and the call option, for the following values of the future spot exchange rate (standard notation applies). S 2.25 2.15 2.10 2.00 1.95 1.75 1.70 Profit/loss Profit/loss forward option