Consider a farmer buying a $6.20 /bu September Wheat Put option, paying a premium of $0.55. The farmer also decides to sell a $5.50/ bu September Wheat Put at a premium of $0.15. In other words, he engages in a long-put spread. Assume that the basis is fixed at $0.30/ bu above futures. 1. Complete the following table containing the performance of the Long $6.20/bu September Wheat Put, the performance of the Short $5.50 /bu September Wheat Put, and the selling price. (10 points)