The one-year forward price of the Mexican peso is $0.0750 per MXN. The U.S. risk-free rate is

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The one-year forward price of the Mexican peso is $0.0750 per MXN. The U.S. risk-free rate is 1.25%. The exchange rate volatility is 13%. What is the value of one-year European call and put options with a strike price of 0.0800.
Strike Price
In finance, the strike price of an option is the fixed price at which the owner of the option can buy, or sell, the underlying security or commodity.
Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...
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