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11. Which of the following have a long position in stock XYZ? 1. buy stock XYZ immediately 2. enter into an agreement to buy stock

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11. Which of the following have a long position in stock XYZ? 1. buy stock XYZ immediately 2. enter into an agreement to buy stock XYZ in 6 months 3. sell a put option on stock XYZ 12. Which of the following are true? 1. A short forward has potential for unlimited gain 2. A short call can at most profit the accumulated value of the call premium 3. A short put's minimum profit is the accumulated value of the put premium minus the strike price 13. Determine which, if any, of the following positions has or have an unlimited loss potential from adverse price movement in the underlying asset, regardless of the initial premium received. (I) Short 1 forward contract (II) Short 1 call option (III) Short 1 put option

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