Farmer Brown grows wheat, and will be selling his crop in 6 months. The current price of wheat is 8.50 per bushel. To reduce the risk of fluctuation in price, Brown wants to use derivatives with a 6-month expiration date to sell wheat between 8.60 and 8.80 per bushel. Brown also wants to minimize the cost of using derivatives. The continuously compounded risk-free interest rate is 2%. Which of the following strategies fulfills Farmer Browns objectives; short a call with strike 8.80 and Long a put with strike 8.60 ? show the necessary computations and graphs