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Suppose that you are a speculator that anticipates a depreciation of the Singapore doliar (S$). You purchase a put option contract on Singapore dollars. Each

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Suppose that you are a speculator that anticipates a depreciation of the Singapore doliar (S\$). You purchase a put option contract on Singapore dollars. Each contract represents $40,000, with a strike price of $0.68 and an option premlum of $0.02 per unit. Suppose that the spot price of the Singapore dollar is $0.62. just before the expiration of the put option contract. At this time, you exercise the option, while also purchasing $40,000 in the spot market at the current spot rate. Use the drop-down solections to fil in the following table from your (the buyer's) perspective to determine your net profit (on a per cantract. basis). (Note: Assume there are no brokerage fees.) Note: Assume there are no brokerage fees

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