Suppose that you buy a €1,000,000 call option against dollars with a strike price of $1.2750/€. Describe this option as the right to sell a specific amount of dollars for euros at a particular...

Suppose that you buy a €1,000,000 call option against dollars with a strike price of $1.2750/€. Describe this option as the right to sell a specific amount of dollars for euros at a particular exchange rate of euros per dollar. Explain why this latter option is a dollar put option against the euro.