Suppose you bought one call option for one ounce of gold. The premium is $12 and the strike price is $1, 642.25 per ounce. You held the option until expiration. Suppose the market price of gold is $1, 617.75 per ounce at expiration. What is your total gain or loss on this option? a. Total Loss = -$12.00 b. Total Loss = -$36.50 c. Total Gain = $12.50 d. Total Gain = $24.50 e. None of the above Suppose you bought one put option for one bushel of corn. The premium is $0.20 and you held the option until expiration. The strike price is $5.10. If the market price of corn at expiration was $4.55 per bushel, what was your gain or loss on this contract? a. Total Loss = -$0.75 b. Total Gain = $0.75 c. Total Loss = -$0.20 d. Total Gain = $0.35 e. None of the above Suppose you bought oil futures in the amount of 1,000 barrels at a futures price of $75.50 per barrel. You held the futures contract until expiration. If your total loss on the contract was -$2,000, what was the market price of oil at expiration of the contract? a. $73.50 per barrel b. $74.50 per barrel c. $76.50 per barrel d. $77.50 per barrel e. None of the above