Please answer the next two question based on the following quotes on currency options contracts for Swiss franc (CHF), where each 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 77 Oct 10 2.78 77 Dec 31 3.60 78 Nov 47 0.23 78 Dec 14 2.66 100 0.00 79 Oct 50 0.27 79 Nov 5 1.59 79 Dec 5 2.04 80 Nov 5 1.00 80 Dec 21 1.39 81 Oct 81 Nov 10 0.59 1.55 B1 Dec 615 0.99 82 Nov 10 0.33 83 Nov 47 0.20 is 3.12 03 Dec 80.40 1988 !!!!991 22. If you buy on December CALL options contract with an exercise price of $0.77. If at the time of the option expiration date, the spot price for Swiss francs is 0.785, then this call option is and you incur a net a out-of-the-money, loss of S2,250.00 b. out-of-the-money; loss of S937.50 c. in-the-money; loss of $1,312.50 d. in-the-money, profit of $937.50 23. Please use information to answer the question below: A US firm's expected Accounts Payables in Canada due in 1 year CAN 8,000,000 Current Spot Rate (SR) for CAN USD 0.0.75 Annual interest rate in US (Rh) 6% Annual interest rate in Canada (RE) 5% If the US firm wants to set up a money market hedge for their CAN payables today, then it should borrow and invest a. CAN 5,714,286; USD 7,619,048 b. USD 5,714,286; CAN 7,619,048 c. CAN 7,619,048; USD 5,714,286 d. USD 7,619,048; CAN 5,714,286