Question: Answers are provided, please provide an explanation. Do NOT use excel functions. In the above quotes on currency options contracts for Canadian Dollars (CAD), each
Answers are provided, please provide an explanation. Do NOT use excel functions.

In the above quotes on currency options contracts for Canadian Dollars (CAD), each contract has 50,000 CADs. The cost of buying one CAD put options contract with an exercise price of $0.730 which expires on the 3rd Wednesday of September is: $875.00 In the above quotes on currency options contracts for Canadian Dollars (CAD), each contract has 50,000 CADs. For the buyer of one CAD 72 12 Jul Call contract, calculate the profit or loss on the expiration date, when the spot price for CAD is $0.72 - $65.00 In the above quotes on currency options contracts for Canadian Dollars (CAD), each contract has 50,000 CADs. For the buyer of one CAD 76 1/2 Sep Put contract, calculate the profit or loss on the expiration date, when the spot price for CD is $0.72 $190 In the above quotes on currency options contracts for Canadian Dollars (CAD), each contract has 50,000 CADs. The cost of buying one CAD put options contract with an exercise price of $0.730 which expires on the 3rd Wednesday of September is: $875.00 In the above quotes on currency options contracts for Canadian Dollars (CAD), each contract has 50,000 CADs. For the buyer of one CAD 72 12 Jul Call contract, calculate the profit or loss on the expiration date, when the spot price for CAD is $0.72 - $65.00 In the above quotes on currency options contracts for Canadian Dollars (CAD), each contract has 50,000 CADs. For the buyer of one CAD 76 1/2 Sep Put contract, calculate the profit or loss on the expiration date, when the spot price for CD is $0.72 $190
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