On the basis of the following figures, find out: (a) The intrinsic value of a British Pound options contract assuming: (i) call option; and (ii) put option (b) Gain/loss to the option buyer assuming:...

On the basis of the following figures, find out:

(a) The intrinsic value of a British Pound options contract assuming: (i) call option; and (ii) put option

(b) Gain/loss to the option buyer assuming: (i) call option; and (ii) put option

(c) Gain/loss to the option seller assuming: (i) call option; and (ii) put option (i) Spot rate on maturity US $ 1.68/£ (ii) Strike rate US $ 1.60/£ (iii) Premium US $ 0.05/£