$59$

$0/1$ point

The premium on a pound put option is $$\mathrm{.}03$ per unit. The exercise price is $$1\mathrm{.}60.$ The break$-$even point is $($Assume zero transactions costs and that the buyer and seller of the put option are speculators.$)$ for the buyer of the put, and $$ for the seller of the put.

$$1\mathrm{.}57$; $$1\mathrm{.}63$

None of these are correct.

$$1\mathrm{.}63$;$$1\mathrm{.}63$

$$1\mathrm{.}63$;$$1\mathrm{.}57$

$$1\mathrm{.}63$; $$1\mathrm{.}60$