Domestic Payoff: Floored Put. Formula: Hd = max (Xd1 - Sd, 0) – max (Xd2 - Sd, 0) Xd1 = 1.5; Xd2 = 0.7

Foreign Payoff: Unidentified.

A Floored Put could very well be represented by two put options: one long and the other short. The financially equivalent counterpart, as identified by PAT, looks somewhat different in shape compared to the original payoff.