Suppose you purchase the July 2020 put option on corn futures with a strike price of $3.20. Assume your purchase was at the last price. Use Table 23.2.

a.	How much does your option cost per bushel of corn? (Round your answer to 5 decimal places, e.g., 32.16161.)
b.	What is the total cost for one contract? Assume each contract is for 5,000 bushels. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
c.	Suppose the price of corn futures is $3.06 per bushel at expiration of the option contract. What is your net profit or loss from this position? (Do not round intermediate calculations and enter your answer as a positive value rounded to 2 decimal places, e.g., 32.16.)
d.	What is your net profit or loss if corn futures prices are $3.28 per bushel at expiration? (Do not round intermediate calculations and enter your answer as a positive value rounded to 2 decimal places, e.g., 32.16.)