You hedged your thrift institutions exposure to declining interest rates by buying one December call on Eurodollar deposit futures at the premium quoted earlier on April 15 (see Exhibit 8-4). a. How much did you pay for the call in dollars if you chose the strike price of 972500? 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.)