Question: Please show work in excel ( show formulas ) Problem 7 . 3 Cece Cao in Jakarta Cece Cao trades currencies for Sumatra Funds in

Please show work in excel (show formulas)
Problem 7.3 Cece Cao in Jakarta
Cece Cao trades currencies for Sumatra Funds in Jakarta. She focuses nearly all of her time and attention on the U.S. dollar/Singapore dollar ($/S $ cross-rate. The current spot rate is $0.6000? S . After considerable study, she has concluded that the Singapore dollar will appreciate versus the U.S. dollar in the coming 90 days, probably to about $0.7000? S$. She has the following options on the Singapore dollar to choose from:
\table[[Option,Strike Price,Premium],[Put on Sing $,$0.6500S$,$0.00003S$
 Please show work in excel (show formulas) Problem 7.3 Cece Cao

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