You hedged your financial firms exposure to increasing interest rates by buying one December put on Eurodollar deposit futures at the premium quoted earlier on April 15 (see Exhibit 84). a. How much did you pay for the put in dollars if you chose the strike price of 977,500? b. If December arrives and Eurodollar deposit futures have a settlement index at expiration of 96.50, what is your profit or loss? (Remember to include the premium paid for the call option.)