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Suppose you purchase the May 2017 put option on cor futures with a strike price of $375. Assume your purchase was at the last price.

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Suppose you purchase the May 2017 put option on cor futures with a strike price of $375. Assume your purchase was at the last price. Use Table 232 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. 3216.) c. Suppose the price of corn futures is $3.61 per bushel at expiration of the option contract. What is your net profit or loss from this position? (Enter your answer as a positive value. Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) d. What is your net profit or loss if corn futures prices are $3.93 per bushel at expiration? (Enter your answer as a positive value. Do not round intermediate calculations and round your answer to 2 decimal places, e.9., 32,16.) a. Option cost b. Total cont per bushel . di Suppose you purchase the May 2017 put option on cor futures with a strike price of $375. Assume your purchase was at the last price. Use Table 232 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. 3216.) c. Suppose the price of corn futures is $3.61 per bushel at expiration of the option contract. What is your net profit or loss from this position? (Enter your answer as a positive value. Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) d. What is your net profit or loss if corn futures prices are $3.93 per bushel at expiration? (Enter your answer as a positive value. Do not round intermediate calculations and round your answer to 2 decimal places, e.9., 32,16.) a. Option cost b. Total cont per bushel . di

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