Question: 23. (20 points) T here is a call option for Euros with a strike price of $1.10 and a premium of $.06. There is a

 23. (20 points) T here is a call option for Euros

23. (20 points) T here is a call option for Euros with a strike price of $1.10 and a premium of $.06. There is a put option for Euros with a strike price of $1.18 and a premium of $0.04. The current spot rat is $1.15 per Euro. You do not expect the Euro to fluctuate much at all. Therefore you decide to short both of these two options. Please draw the final contingency graph (including break even, max loss, max gain). You may draw the individual ones to help you with the final one but you will only get credit if the final graph is correct

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