There are two possible states of the world, $$1/$ or $$1\mathrm{.}25/.$ In the first state, your asset will be

worth $1,000.$ In the second state, your asset will be worth $900.$ Assume F $=$ $$1\mathrm{.}10/,$ what

are the hedged positions in the two possible states?

a$.$ $$1,025$; $$1,125$

b$.$ $$1,000$; $$1,125$

c$.$ $$1,025$; $$1,087$

d$.$ $$975$; $$1,163$

e$.$ $$1,062$; $$1,062$

the correct answer is C$,$can you please explain and show work to why that is$?$