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: 15 Refer to question REG Options 1, which is located near this question. How is your answer for gain or loss impacted if the

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: 15 Refer to question REG Options 1, which is located near this question. How is your answer for gain or loss impacted if the firm's stock is trading at $590 today, but nothing else changes? Hint: solve question REG Options 1 before attempting this question. My loss gets worse O My gain/loss is unaffected. O My loss decreases. O My gain increases O My gain decreases OR 5 15 Regeneron (REG) issues $500MM of stock to help it fund a new manufacturing facility for monoclonal antibodies. Is this a Capital Market transaction? O No. Yes. Not enough information is provided to answer this question. Question REG Options 1: Regeneron (REG) is close to perfecting a monoclonal antibody cocktail that may prevent Covid 19 infection and may be an effective treatment for patients with the disease. The company's stock is trading at $600 per share today. You believe there is a high probability that, within a month, the cocktail will succeed and the stock price will double. However, if the vaccine fails FDC "Phase Three Trials" the stock price may fall by 40% or more. You buy four call options today (each option is associated with one share of stock) that: Gives you the right to purchase a share of REG in one year, for $630. Costs $40 today. What is your total gain (+) or loss (-) on this trade if REG's stock is trading at $1,000 per share in a year? Assume that you want to end up with only cash (not shares of stock). Round your answer to zero decimal places

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