Use the following information for the next 3 questions. A strategy consists of buying a market index product at $1200 and longing a put on the index with a strike of $1200. The put premium is $15.00 and interest rates are 0.5% per month Question 10 (3.7 points) Compute the profit or loss from the long put position by itself in 3 months) if the market index is $1280. $17.36 loss $62.64 gain $64.77 gain $15.23 loss Question 11 (3.7 points) Compute the profit or loss from the long index position by itself expiration (in 3 months) if the market index is $1280 $18.09 gain $18.09 loss $61.91 loss $61.91 gain Question 12 (3.7 points) What is the profit or loss at expiration (in 3 months) of the strategy if the market index is $1280? $46.68 gain $80.75 gain $77.14 loss $44.55 loss