Use the following option quote to answer the questions below. 24 Oct 2020 Aspendale Ltd Last share sale price $25.00 CAL

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Use the following option quote to answer the questions
below.
24 Oct 2020
Aspendale Ltd
Last share sale price $25.00
CALLS - LAST
PUTS - LAST
Strike price
Jun 2021
July 2021
Aug 2021
Jun 2021
July 2021
Aug 2021
$20.00
$5.45
$5.50
$5.60
$2.20
$2.90
$3.00
a) Suppose you own 100 July $20
call contracts. Aspendale shares are selling for $29 on the
expiration date.
(i)
What is the value of one July option on the expiration
date?
Answer: $Answer (keep 2 decimal places)
(ii)
What is the profit on one July option at the expiration
date?
Answer: $Answer (keep 2 decimal places)
b) Are the June put options
currently in the money? Yes /
No (choose one answer)
AnswerYESNO
c) What is the minimum price
the August put option should sell for on 24 Oct 2020?
Answer: $Answer (keep 2 decimal places)
Assume that one-year interest rates are 3.92% in Australia and
4.95% in the euro zone. The spot rate between the euro and the
dollar is €0.9772/A$. Assuming that interest parity holds, what
should the €/$ exchange rate be one year from now? (Express answer
to 4 decimal places)
Answer: Answer€/$ (keep 4 decimal places)