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

dollars. Each contract represents $$$45,000,$ with a strike price of $$0\mathrm{.}77$ and an option premium of $$0\mathrm{.}03$ per unit.

Suppose that the spot price of the Singapore dollar is $$0\mathrm{.}73$ just before the expiration of the put option contract. At this time, you exercise the

while also purchasing $$$45,000$ in the spot market at the current spot rate.

Use the drop$-$down selections to fill in the following table from your $($the buyer's$)$ perspective to determine your net profit $($on a per contract

basis$).($Note: Assume there are no brokerage fees.$)$

Note: Assume there are no brokerage fees.