The following information is currently available for Canadian dollar (C$) options expiring in 3 months:

Put option strike price = $.74.

Put option premium = $.02 per unit.

Call option strike price = $.76.

Call option premium = $.01 per unit.

The spot rate of C$ = $.75.

a. Determine the break-even point(s) for the purchaser of a Canadian dollar strangle.

b. What is the net profit (per unit) to the buyer of the Canadian dollar strangle if C$ appreciates by 12 percent in 3 months?

c.What is the net profit (per unit) to the seller of the Canadian dollar strangle if C$ appreciates by 12 percent in 3 months?

d. What is the net profit (per unit) to the buyer of the Canadian dollar straddle if C$ depreciates by 12 percent (in 3 months)if the put option also has a strike price of $.76?

e. What is the net profit (per unit) to the seller of the Canadian dollar straddle if C$ depreciates by 12 percent (in 3 months)if the put option also has a strike price of $.76?