29 0.67 pts A call option on stock ABC has a strike price of $80. Suppose an investor bought the call option and paid an option premium of $10. In the future what should the stock price be so that the call option investor would earn a return of 10%? $ 85 $ 91 $ 95 $ 88 Question 30 0.67 pts You own 100 shares of a stock and you are worried the price may fall in three months. The premium of a three-month put option on the stock with an exercise price of $75 is $5 per share. If you used a protective put strategy to hedge your stock position lice, you bought one put option), what is your portfolio value if in three months the stock price drops to $557 Note one option contract gives the right to buy for sell) 100 shares of the underlying stock. 56,100 57.500 $7.000 $2.500