We assume an index price of $1050, a 2% effective 6-month interest rate, and premiums of $96.70 for the 1050- strike 6-month call and $71.31 for the 1050-strike 6-month put. Suppose that you buy the S&R index, buy a 1050-strike put, and borrow $1040.23. (a) Compute the total payoff if the index price is $1000 at expiration. (b) Compute the total profit if the index price is $950 at expiration. (A) -12.03 (B) -9.03 (C) -10.03 (D) -11.03 (E) -8.03 Ca): Select Part (a) choices. (A)-93.74 (B)-91.74 (C)-94.74 (D)-92.74 (E)-95.74 b): Select Part (b) choices