$105 You have borrowed $10,000 (for 1 year at 4.88% pa) to buy 100 shares of Tesla stock today. So For some reason, you decided to hedge the exposure with the long put and the short call for 1 r year. If stock price after 1 year (=S) drops to $50, how much is going to be your P/L? T (1) -$125; (2) -$100; (3) -$75; (4) -$50; (5) -$25; (6) $0; (7) +$25; (8) +$50; (9) +$75; (10) +$100; (11) +$125; [Debt is to be repaid. 1 option's underlying asset = 100 shares of Tesla stock, conti.: continuously compounding/discounting] $100 4.88% pa (conti.) 1 year K call(K,T) $5.95 put(K,T) $5.95