Q$2.$ The following table shows the stock price, S$,$ and options premiums today for

several strike prices and expiration dates.

$2\mathrm{.}1$ Based on the premiums given in the table above, show the complete table of cash flows

per share and the P$/$L profile at NOV expiration of the following strategy.

Short the NOV $22\mathrm{.}50$ put, Long the NOV $25$ put, and

Short the NOV $25$ call and Long the NOV $22\mathrm{.}50$ call..

$2\mathrm{.}2.$ The NOV expiration date is exactly one year from today. Calculate the annual risk$-$

free rate of return on this strategy. Use continuous compounding.