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Suppose that you are a speculator that anticipates a depreciation of the Singapore dollar ( S$ ) . You purchase a put option contract on
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 $$ with a strike price of $ and an option premium of $ per unit.
Suppose that the spot price of the Singapore dollar is $ just before the expiration of the put option contract. At this time, you exercise the option,
while also purchasing $$ in the spot market at the current spot rate.
Use the dropdown selections to fill in the following table from your the buyer's perspective to determine your net profit on a per contract
basisNote: Assume there are no brokerage fees.
Note: Assume there are no brokerage fees.
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