Questions 8-11 are based on the following information: Assu…

 Questions 8-11 are based on the following information: Assume the six-month European put option has a striking price of $1.05/CAD. Assume the option premium is $0.03/CAD. The buyer of the option is holding a _________________ position, and the seller of the option is holding a  __________________ position.  

 Questions 8-11 are based on the following information: Assu…

 Questions 8-11 are based on the following information: Assume the six-month European put option has a striking price of $1.05/CAD. Assume the option premium is $0.03/CAD. If at the due date, the value of the Canadian dollar has risen to $1.10, the option is ______________.  The net profit/loss of the buyer of the option is _______.

 Questions 3-7 are based on the following information: Assum…

 Questions 3-7 are based on the following information: Assume the six-month European call option has a striking price of $0.95/CHF. Assume the option premium is $0.02/CHF. If at the due date, the value of the Swiss Franc has decreased to $0.90/CHF. The option should ______. The net profit/loss of the buyer is _______.