Swiss franc Option Prices Quoted as U.S. cents per Swiss franc, and each option contract consists of 62,500 Swiss francs.

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Swiss franc Option Prices Quoted as U.S. cents per Swiss franc, and each option contract consists of 62,500 Swiss francs. Option & Strike Underlying Price Calls-Last Puts-Last May JuneJuly 0.71 0.50 0.30 May June July 0.27 0.50 0.90 28 58.51 58.51 58.51 58 58 59 0.89 1.81 0.99 36 1.05 0.66 21 8. What was the closing price of the Swiss franc? (a) $58.00/SF (b) $58.51/SF (c) $0.5851/SF (d) None of the above Answer: 9. The premium of the June 58 put option is (a) $0.5850/SF (b) $0.0099/SF (c) $0.0005/SF (d) None of the above Answer: 10. The total cost of the June 58 put option is (a) S618.75 (b) $800.00 (c) 800.00 (d) None of the above