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The following information is available: Call contract sizeGBP100 000 Put contract sizeGBP100 000 Price of callAUD0.01 Price of putAUD0.008 Exercise exchange rate of call2.5000 Exercise

The following information is available:

Call contract sizeGBP100 000

Put contract sizeGBP100 000

Price of callAUD0.01

Price of putAUD0.008

Exercise exchange rate of call2.5000

Exercise exchange rate of put2.5000

Calculate the net pay-off on long call, long put and the combined position at the

following spot exchange rates:

a.2.520;

b.2.530;

c.2.490; and

d.2.480.

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