Question 5: Consider three put options on a currency that is currently selling for $1.45. The exercise prices are $1.30, $1.40, and $1.50. The put prices are $0.08, $0.125, and $0.18, respectively. The puts all expire at the same time. Answer the following questions about a butterfly spread. A Determine the value at expiration and the profit under the following outcomes: i. The price of the currency at expiration is $1.26. ii. The price of the currency at expiration is $1.35. iii. The price of the currency at expiration is $1.47. iv. The price of the currency at expiration is $1.59. B Determine the following: i. the maximum profit. ii. the maximum loss. C Determine the breakeven currency price at expiration. Question 5: Consider three put options on a currency that is currently selling for $1.45. The exercise prices are $1.30, $1.40, and $1.50. The put prices are $0.08, $0.125, and $0.18, respectively. The puts all expire at the same time. Answer the following questions about a butterfly spread. A Determine the value at expiration and the profit under the following outcomes: i. The price of the currency at expiration is $1.26. ii. The price of the currency at expiration is $1.35. iii. The price of the currency at expiration is $1.47. iv. The price of the currency at expiration is $1.59. B Determine the following: i. the maximum profit. ii. the maximum loss. C Determine the breakeven currency price at expiration