$200,000 would be paid out 3 months later. Nothing would be paid out and the option would expire worthless. Question 52 (1 point) The purchase of a 6-month $1000-strike Constellation Software Corp. (CS) call for $93.81 and sale of a 6-month $1000 CS put for $74.20, resembles the profit on the combined position of a: short position in the stock. long position in a put option. long forward contract. short forward contract. Question 53 (1 point) Consider a two-period binomial model in which the underlying stock is currently trading at $30 and can go up 14 per cent or down 11 per cent each period. The risk free rate is 3 per cent per period. Each period is one year. What is the value of a de 2