Question: please help I will thumbs up! Use the following information for questions 22 and 23: Consider the following strike prices and their corresponding call and

Use the following information for questions 22 and 23: Consider the following strike prices and their corresponding call and put premiums for June options on British Pounds: The amount of each contract is BP 62,500. Put Strike Price 1.500 1.510 1.515 1,520 Call 0.020 0.015 0.010 0.008 0.008 0.015 0.020 0.023 22. What is the maximum amount of money you could lose if you purchased a June put option with strike price of $1.520? $480.00 $1,437.50 $500.00 $757.50 $625.00 Use the following information for questions 22 and 23: Consider the following strike prices and their corresponding call and put premiums for June options on British Pounds: The amount of each contract is BP 62,500. Put Strike Price 1.500 1.510 1.515 1,520 Call 0.020 0.015 0.010 0.008 0.008 0.015 0.020 0.023 23. What must be the exchange rate in the spot market for the June call option with strike price of $ 1.520 to be exercised at a profit of $1,875?! None of these answers are correct. $1.567 $1.570 $1.565 $1.558
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