answer a$)$ b$)$ c$)$ and d$)$

a$)$ calculate the intrinsic value and the time value for the $131$ call $($the strike exchange rate is $131$ Canadian cents$/$$$)$ and the $137$ put option. The option prices are listed in the "Last price" column

b$)$ Multiple choice: The $133$ put is $\_\_\_$ and the $132$ call is $\_\_\_.$

A$.$ In the money

B$.$ At the money

C$.$ Out the money

c$)$ If the spot exchange rate turns out to be the $135$ Canadian cents$/$USD on April $19$th$,$ what would be the profit or loss for the following positions? Note that each option contract trades, $10,000$ US dollars.

A$.$ A long position in one $132$ call comtract

B$.$ A short position in two $133$ call contacts

C$.$ A long position in one $135$ put contract

D$.$ A short position in two $136\mathrm{.}50$ put contracts.

d$)$ Draw the profit diagram for a short position in the $136$ put. And show the critical points such as the maximum profit or loss, crossover points on axes and the strike exchange rate.