This question has two parts. Show all calculations. The following information regarding option quotes are available today (February 2022) for Song Ltd. February 2022 Oswald Ltd Last sale price = $16.50 Calls - Last Puts - Last Strike Price October November October November $14.30 $2.10 $2.25 $1.50 $1.85 Suppose you buy 5 of the October 2022 Call contracts. If on the expiration date Oswald Linares are selling for $17.30 per share, what is the value of the option and your net gain or net loss? On the expiration day, explain if the call options and put options are in the money or out of the money. 4 marks Oyster Ltd, a manufacturer of woollen jackets, anticipates buying 15,000 kg of wool in October, 2022. A wool futures contract price today (February, 2022) of an October, 2022 wool futures contract is 720 cents a kg. Oyster decides to hedge all its intended purchases now so as to protect the company against increases in the wool price over the next 4 months. Suppose that in October, 2022, the price of wool has risen to 780 cents a kg on the physical market. Suppose also, that at that time (October, 2022), the October maturity wool futures are trading at 785 cents a kg. Calculate the value of Oyster's net purchase cost in October, 2022, including the profit or loss from the futures trading. Show all calculations. 6 marks b. Show all calculations