7) Table 1 (see below) shows call and put option prices and their Greek letters of a stock that does not pay dividends and has the following characteristics: S - $51.03, K = $53.68, a = 30%,T: 3 months, and r = 5.0% (2 points each, 12 points in total) a. If the stock price increases $0.40, approximately, how much will the new call option price be? b. if the stock price decreases $0.50, approximately, how much will the new put option price be? c. If the volatility increases 1.5%, approximately, how much will the new put option price be? d. If the volatility decreases 0.8%, approximately, how much will the new call option price be? e How much is the estimated price of the call option tomorrow (one day from today? f. If the interest rate decreases 0.4%, approximately, by how much the call price will change? Table 1. Put and Call prices and their respective Greek letter values 4,201 Price Delta Gamma Theta Vera Rho 2.218 0,429 0.051 -0.019 0.100 0.049 -0.571 0.051 -0.012 0.100 0.083