Problem 4 (2 points): Orlando Power is a GenCo that participates in the trading hour 1PM – 2PM on…

Problem 4 (2 points): Orlando Power is a GenCo that participates in the trading hour 1PM – 2PM on 10/13/2021. It has following positions for the trading hour: • Signed a long-term contract that sells 460MW to a local utility at 14$/MWh • Purchased a futures contract to buy 100MW at 12$/MWh • Purchased a put option to sell SOMW at exercise price of 15.5$/MWh. The option fee is 1$/MWh. Orlando Power has one generating unit with cost function C = 9.5P+368/MWh. It turns out that the spot market price for the hour is 13.8 $/MWh. Calculate the profit/loss that Orlando Power can make in this trading hour.