A farmer living in the State if Iowa in the United States of America uses futures market a lot for sale of his corn harvest. Assume this farmer expects to harvest $100,000$ bushels of corn next September and he's concerned about the possibility of price fluctions between now and September. The September futures put options with a strike price of $$2\mathrm{.}50$ per bushel costs $$0\mathrm{.}20$ per bushel. Assuming this farmer hedges using put options, calculate his revenue for corn price per bushelof i$.$ $$2\mathrm{.}00,$ ii$.$ $$2\mathrm{.}50,$ iii. $$3\mathrm{.}00$