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  3. 1. citicorp sells a call option on swiss franc (co

1. Citicorp sells a call option on Swiss Franc (contract size is SF 62,500) at...

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Finance

1. Citicorp sells a call option on Swiss Franc (contract size is SF 62,500) at a premium of $0.04 per SF. If the exercise price is $ 0.71 and the spot price of the Swiss Franc at the date of expiration date is $0.73, what is Citicorps profit (loss) on the call option?

2. Ford buys a Canadian Dollar put option (contract size is CD 50,000) at a premium of $0.01 per CD. If the exercise price is $0.72 and the spot price of CD at the date of maturity is $0.726, what is Fords profit (loss) on the put option?

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