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Suppose you buy a call option on 64,000 bushels of corn with an exercise price of $51 per bushel and simultaneously sells a put option

Suppose you buy a call option on 64,000 bushels of corn with an exercise price of $51 per bushel and simultaneously sells a put option on 64,000 bushels of corn with the same exercise price of $51 per bushel. Your net payoff per bushel on these option contracts is if the market price per bushel is $49 and if the price per bushel is $55.

A) $0; $2

B) $0; -$4

C) -$2; $4

D) -$2; $0

E) - $4; $2

DO NOT COPY FROM CHEGG I NEED A FULL EXPLANATION

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