Topic: Currency Options Adam buys a put option on curos (contract size is 625.000) at a premium of $0.02/. The strike price is $1.2018 (a) If the spot price of the euro at the date of expiration is $1 16 , should Adam exercise this option? (b) If the spot price of the euro at the date of expiration is $1.16 , what is Adam's profit (los) on the put option? (c) Graph the profit loss on the option contract for Adam. At what range of spot prices does Adam make profit? (d) What is the maximum profit that the seller of the put option can receive