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5. Chipotle (CMG) is currently trading at $1167/ share. You heard someone say there was another e. coli outbreak at one of their restaurants. Hoping

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5. Chipotle (CMG) is currently trading at $1167/ share. You heard someone say there was another e. coli outbreak at one of their restaurants. Hoping to make a quick profit you short a 2-day call option with a strike price of $1160 /share for a price of $13.00/ share. Assume a 3.5% interest rate per annum. ( 1 point) a) Draw a payoff and profit diagram of this position. Indicate your breakeven point. b) To your horror, over the next two days CMG jumps to $1175/ share. What is your total profit or loss? 5. Chipotle (CMG) is currently trading at $1167/ share. You heard someone say there was another e. coli outbreak at one of their restaurants. Hoping to make a quick profit you short a 2-day call option with a strike price of $1160 /share for a price of $13.00/ share. Assume a 3.5% interest rate per annum. ( 1 point) a) Draw a payoff and profit diagram of this position. Indicate your breakeven point. b) To your horror, over the next two days CMG jumps to $1175/ share. What is your total profit or loss

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