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Suppose that you are a speculator that anticipates a depreciation of the 5 ingapore doliar (55). You purchase a put option contract on 5 ingapare

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Suppose that you are a speculator that anticipates a depreciation of the 5 ingapore doliar (55). You purchase a put option contract on 5 ingapare dollars. Each contract represents $40,000, with a strike price of $0.69 and an option premium of $0.03 per unit. Suppose that the spot price of the Singapore dollar is $0.65 just before the expirbon of the put option contract. At this time, you exerclse the cptian, while also purchasing $40,000 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 detemine your net profit (on a per cuntracr: basis). (Note: Assume there ate no brokerage fees.) Note: Assume there are no brokerage fees

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