Question 2 It is November 28th and the May 24 soybean futures are trading at 14686. A 1400 May 24 soybean put is trading at 372 and an 1400 May 24 soybean call is trading at 92'3. A 1520 May 24 soybean put is trading at 735 and a 1520 May 24 soybean call is trading at 464. You are unsure what the market will do so you set a fence for the purchase of the soybeans. For each soybean future price, determine your net purchase price if basis is $0.10 over. Show your work. (20 points) May Soybean Futures Price Cash price 1507'0 11024 1530'2 1451'6 Net gain/loss on put option Net gain/loss on call option Net purchase price