The exchange rate is $1.5 USD/British pound. US domestic interest is 6% continuous compounding. Foreign interest is 3% continuous compoudnding. A 6 month dollar denominated European put on pounds with K=$1.5 costs $0.03.
a) Find the premium in Pounds of a 6 month pound denominated European call option in dollars with K=$0.67 pounds.
b) Find the premium in Pounds of a 6 month pound denominated European put on dollars with K=$0.67 pounds