Problem #6: We assume an index price of $925, a 6% effective 6-month interest rate, and premiums of $90.94 for the 1000- strike 6-month call and $61.99 for the 1000-strike 6-month put. Suppose that you buy the S&R index, buy a 1000-strike put, and borrow $1199.96. (a) Compute the total payoff if the index price is $1150 at expiration. (b) Compute the total profit if the index price is $1000 at expiration. answer correct to 2 decimals Problem #6(a): 925.00 Correct Answer: -121.96 Your Mark: 0/2 answer correct to 2 decimals Problem #6(b): 9.29 Correct Answer: -46.21 Your Mark: 0/3