Question: Question 4: Farmer Jayne bought a $1.55 strike put option for $0.16 and sold a $1.60 strike call option for a premium of $0.10. Her

 Question 4: Farmer Jayne bought a $1.55 strike put option for

Question 4: Farmer Jayne bought a $1.55 strike put option for $0.16 and sold a $1.60 strike call option for a premium of $0.10. Her total costs of corn are $1.50 per bushel and interest rates are 3.0% over this period. What is Jayne's profit for a 25,000-bushel crop if the corn price is $1.65

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