from this position? What if corn futures prices are $3.43 per bushel at expiration? 4. Put and Call Payoffs [LO4] Suppose a financial manager buys call options on 50,000 barrels of oil with an exercise price of $57 per barrel. She simultaneously sells a put option on 50,000 barrels of oil with the same exercise price of $57 per barrel. Consider her gains and losses if oil prices are $52,$55,$57,$59, and $62. What do you notice about the payoff profile