. In each of the following 5 cases, what strategy will assure a profit if options on gold are…

. In each of the following 5 cases, what strategy will assure a profit if options on gold are priced as follows: a. C(K = 1250, T1 = Apr.) > C(K = 1250, T2 = June) b. C(K = 1270, T1 = Apr.) > C(K = 1250, T1 = Apr.) c. C(K = 1250, T1 = Apr.) > C(K = 1270, T2 = June) d. C(K = 1250, T1 = Apr.) < (S - PV(K)) e. P(K = 1250, T1 = Apr.) > C(K = 1250, T1 = Apr.)