Question: Please explain how you get this answer. 28. (4 points) From the perspective of the writer of a call option written on 62,500. If the

Please explain how you get this answer.

Please explain how you get this answer. 28. (4 points) From the

28. (4 points) From the perspective of the writer of a call option written on 62,500. If the strike price is $1.55/, and the option premium is $1,875, at what exchange rate do you start to lose money? A. $1.50/ B. $1.52/ C. $1.55/ D. $1.58/ E. None of the above

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