the current spot rate on british pound $1.3624 per GBP. An investor has purchased a put option contract on british pound with a strike price of $1.3762 and paid $210 for the contract. IN order for the investor not to lose any money on this investment, what is the maximum value for the spot rate in US dollars per GBP when the option contract expires? Assume a contract size of 10,000 GBP