5) A stock is currently trading at $54. A put option has strike price $59, o=21%, and maturity of 6 months. Interest rates are 3% per year. 5a) What is the probability that the option will end up in-the-money"? 5b) What is the delta of the option? 5c) What is the price of the option? 5d) If you buy 100 options, how many stocks should you buy or sell to be hedged? What is the equivalent notional position