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6. Tom Gettback buys 100 shares of Jobnson Walker stock for $37.00 per share and a 3-mont Johnson Walker put option with an exercise price

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6. Tom Gettback buys 100 shares of Jobnson Walker stock for $37.00 per share and a 3-mont Johnson Walker put option with an exercise price of $105.00 for $20.00 What is Tom's dollr gainloss if at expiration the stock is selling for $105.00 per share? a $1000 gain b. $200 loss c. $1000 loss d. $200 gain c. None of the above 17. Suppose the current six-year rate is 9 percent and the current five-year rate is 7 pencent is the one year forward rate for five years? a. 19.57 percent b. 18.62 percent c. 15.80 percent d. 14.65 percent e 12.67 percent 18. Assume that you purchased shares of a stock at a price of wrote a call option with a $35 strike and received a call 70. Calculate the dollar returm on this option strategy a $25 b. -$2 price of $2. The stock curremily trade .$2 d. -$25 e. so

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