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These are the answers I got, just checking to see if these are correct. Thanks! Question 4 0.4 pts Apple buys an Australian Dollar Call

These are the answers I got, just checking to see if these are correct. Thanks! image text in transcribed
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Question 4 0.4 pts Apple buys an Australian Dollar Call option (contract size: AUD 100,000) at the premium of USDO.07/AUD. The exercise price is USD0.78/AUD. If the spot at expiration is USD0.89/AUD, what is the Apple's profit? $11.700 gain $3,000 gain $11,000 gain $4.000 gain Yesterday, you entered into a futures contract to buy 62,500 at $1.30 per . Suppose the futures price closes today at $1.35. How much have you made/lost? You have made $3.125 Depends on your margin balance. You have neither made nor lost money, yet. You have lost $3.125

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