Question: This question is based on the information provided below. I am trying to see if own answer and work is correct. Please read the 11

 This question is based on the information provided below. I amtrying to see if own answer and work is correct. Please readthe 11 pictures I have posted before answering the question and pleaseprovide a detailed solution (with steps if needed). Thank you.Question:Calculate the profitof the Svensen proposal for the eight fuel price outcomes of question2 assuming that CTX uses a collar with a cap strike priceof $3.90 and a floor strike price of $3.60 image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

This question is based on the information provided below. I am trying to see if own answer and work is correct. Please read the 11 pictures I have posted before answering the question and please provide a detailed solution (with steps if needed). Thank you.

Question:Calculate the profit of the Svensen proposal for the eight fuel price outcomes of question 2 assuming that CTX uses a collar with a cap strike price of $3.90 and a floor strike price of $3.60

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