For this and the next 3 questions: Assume that you buy a share of stock,...

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For this and the next 3 questions: Assume that you buy a share of stock, and a put option: Purchase price of Stock A: $25 Put option strike price: $25 Option expires in 90 days Price of put option: $5 "CV" means the value of the combination of your shares and options minus whatever you paid to buy the options. What is the CV in dollars if the stock goes up to 45 ? (Do not use $ sign.) Question 14 How much profit would you make on your combined investment in the stock and put if the stock goes up to 45 ? (Remember to deduct the cost of the option.) Express in dollars, but do not use $ sign. "CV" means the value of the combination of your shares and options minus whatever you paid to buy the options. What is the CV in dollars if the stock goes down to 5 ? (Do not use $ sign.) Question 16 What would be your profit or loss on your combined investment in the stock and put if the stock goes down to $5 ? Express in dollars, but do not use $ sign. If you suffered a loss, express that as a negative number

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