11 need step by step explanation on how the answer in bold were gotten.* The following prices are available for call and put options on a stock priced at S50. The risk -free rate is 6 percent and the volatility is 0.35. The March options have 90 days remaining and the June options have 180 days remaining. The Black-Scholes model was used to obtain the prices. Use this information to answer questions 6 through 11. Assume that each transaction consists of one contract (for 100 shares) unless otherwise indicated. For question 6, consider a bull money spread using the March 45/50 calls. 6. Suppose you closed the spread 60 days later. What will be the profit if the stock price is still at S50? a. $41 b. $198 c. $302 d. $102 e. none of the above Answer question 11 about a calendar spread based on the assumption that stock prices are expected to remain fairly constant. Use the June/March 50 call spread. Assume one contract of each. 11. What will be the profit if the spread is held 90 days and the stock price is S45? a. $36 b. $20 c. $558 d. -$20 e. none of the above