A bank has proposed a strategy with a collar to its business customer. The latter wants to buy CHF against USD. The bank used the forward rate CHF$/$USD $1\mathrm{.}1142,$ and a premium of $120$ points to calculate the break$-$even rate of the two options that make up the collar. At what price will the company buy its CHF$?$

A$.$ The company will buy the CHF at best under the call exercise rate $1\mathrm{.}1022,$ and at worst at the put strike price $1\mathrm{.}1262.$

B$.$ The company will buy the CHF at best under the put exercise rate $1\mathrm{.}1022,$ and at worst under the call strike price $1\mathrm{.}1262.$

C$.$ The bank will sell the CHF at a maximum price of $1\mathrm{.}1262$ under the put and it will buy them at the minimum price of $1\mathrm{.}1022$ under the call.

D$.$ The bank will sell the CHF at the floor price $1\mathrm{.}1022$ under the call and it will buy them at the ceiling price $1\mathrm{.}1262$ under the put.