5. Please answer the next question based on the following quotes on currency options contracts for Swiss francs (CHF), where cach contract has 62,500 CHFs. Exercise prices, call and put premiums are in cents, Calls Puls Vol. Last Vol. Last 62,500 Swiss Franc European Style 72 Oct 10 2.70 77 Dec 31 3.60 78 Nov 47 0.73 78 Dec 14 2.66 100 0.00 Oct 0.27 NOV 5 1.59 Dec 5 2.04 Nov 5 1.00 Dec 21 1.39 Oct Nov 0.59 1.5 Dec 6/5 0.99 Nov 10 0.33 Nov 47 is 3.12 Dec 6 0.40 000 segger88---888 1988 11:29 0.20 If you buy one December CALL options contract with an exercise price of $0.77. If at the time of the option expiration date, the spot price for CHF is $0.785, then this call option is and you incur a net a. in-the-money; loss of $1,312.50 b. out-of-the-money: loss of $2,250.00 c. out-of-the-money; loss of $937.50 d. in-the-money: profit of $937.50