QUESTION 26 NOTE: This Question is 15 POINTS ALSO Be sure to put a (-) minus sign in your answer if appropriate Nike is expecting a payment of 10 mio in 6 months (they are long GBP, that is the underlying position). The Forward is: $1.2500/ Nike Purchases a 6 month Put/$ Call Struck at $1.2500/, for $.05/ If at Expiration, in 6 months, spot ends up at $1.1000/, then 1- what is the profit or loss on on the 10mio underlying position $ 2- what is the profit or loss of the option by itself (including the premium) $ and 3- what is the total profit or loss of the exposure $ HINT: similar to assignment 5. QUESTIONLON 15 points Save