Suppose that $$2=1,$$$1\mathrm{.}60=1,$ and the cross$-$exchange rate is $1\mathrm{.}25=1\mathrm{.}00.$ If you own a call option on $10,000$ with a strike price of $$1\mathrm{.}50,$ you would exercise this option at maturity if

the $\frac{}{}$ exchange rate is at least $\frac{1\mathrm{.}25}{}.$

none of the options

the $\frac{\text{\$}}{}$ exchange rate is at least $$\frac{1\mathrm{.}60}{}.$

the $\frac{\text{\$}}{}$ exchange rate is at least $$\frac{1\mathrm{.}60}{}.$