You have sold a put option on British pound and receive $0.03 per pound. The exercise price is $0.75 per British pound and at expiration the exchange rate was 1.5 British pound per dollar. Compute the net profit if the size of contract is 31,250. Net loss $1,666.67 b. Net profit $1,666.67 Net profit $0 d. Net loss $3,541.67 a. C