1) Imagine that you are an investor and you are deciding whether to invest in Amazon that is currently trading at $20/share and I wanted to buy 1000 shares. (12 points) a) What would be the cost of the purchase? b) In order to double your investment what must happen to the price per share? (What would be the ideal price in order for this to occur?) c) If my investment loses half of its value, what must happen to the price per share? (What would be the price per share for this to occur?) So let's say that you want to purchase an option contract (30 days) in order to reduce the risk of the stock value and you decide to purchase 1 option contract which equals to 100 shares of stock. d) How many contracts will you need to cover your purchase to cover 1,000 shares? We will assume that as you purchase these call option contracts with the strike price of $20 and a cost per share is $5 in a contract