m #1: We assume an index price of $1025, a 4% effective 6-month interest rate, and premiums of $98.83 for the 1000- strike 6-month call and $71.16 for the 1000-strike 6-month put. We sell a 1000-strike call with 6 months to expiration, and we own an index position with a current value of $1025. (a) Compute the total payoff if the index price is $1175 at expiration. (b) Compute the total profit if the index price is $1075 at expiration