Question: Question 10 5 pts Suppose the current exchange rate between CNY and the US dollars is 0.15 (i.e. 1 CNY = 0.15 USD). Each option

Question 10 5 pts Suppose the current exchange rate between CNY and the US dollars is 0.15 (i.e. 1 CNY = 0.15 USD). Each option contract allows the trader to exchange 100 CNY for USD. Ignore the option premium and assume all options expire at the same time. Which of the strategies below yields the highest payoff if the CNY/USD exchange rate becomes 0.16 at the time the options expire? O Two long calls, one with strike price 0.16 and another with strike price 0.15 O Two long puts, one with strike price 0.14 and another with strike price 0.15 O One long call with strike price 0.16 plus one long put with strike price 0.14 O One long call with strike price 0.14 plus one long put with strike price 0.16

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