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Please help! I've already posted twice but reiceved different answers each time that I think might be wrong. Thank you! Hedging with Options: Gold ($/troy

Please help! I've already posted twice but reiceved different answers each time that I think might be wrong. Thank you! image text in transcribed
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Hedging with Options: Gold (\$/troy ounce) Please use the image above to answer the six questions below. The initial position of the hedger is shown in gray while the option they chose to hedge with is shown in black (darker). 1. Is this gold hedger LONG or SHORT in the cash market? (represented in gray) 2. What type of option did the hedger choose to hedge with (please specify either LONG or SHORT as well as either CALL or PUT)? 3. What per ounce price did the gold hedger pay or receive to take the position you identified in Question 2 above (please enter just dollars and cents without any commas or dollar signs, for example 11.11 for \$11.11): ? 4. What synthetic position did the hedger construct (please specify either LONG or SHORT as well as either CALL or PUT)? 5. What is the break even price for the synthetic position you identified in Question 4 above (please enter just dollars and cents without any commas or dollar signs)? 6. Suppse the price moves to $1,800/ troy ounce. Based on the synthetic position constructed, does the hedger stand to PROFIT or LOSE at this price

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