We assume an index price of $975, a 3% effective 6-month interest rate, and premiums of $94.95 for the 1175strike 6-month call and $73.02 for the 1175-strike 6-month put. Suppose that you buy the S\&R index, buy a 1175-strike put, and borrow $1154.34. (a) Compute the total payoff if the index price is $1150 at expiration. (b) Compute the total profit if the index price is $1175 at expiration. We assume an index price of $975, a 3% effective 6-month interest rate, and premiums of $94.95 for the 1175strike 6-month call and $73.02 for the 1175-strike 6-month put. Suppose that you buy the S\&R index, buy a 1175-strike put, and borrow $1154.34. (a) Compute the total payoff if the index price is $1150 at expiration. (b) Compute the total profit if the index price is $1175 at expiration