4. You are the market maker for the sports betting and streaming cable service FUBO TV. Your customer wants to sell 200 Puts with a strike price of $23 and 28 days until expiration. You delta-gamma hedge your position for 1 day using Puts with a strike price of $25 and half a year until expiration. The annual risk- free interest rate compounded continuously is 10%. a. (5 points) Compute your profit/(loss) from hedging after 1 day. Show all work. (Ans. =$13.51 ) b. (5 points) Compute the cash used to rebalance the portfolio on Day 1. Show all work. (Ans = $2,116.59. Value is positive since it is a Source of Cash.)