87. You own $75,000 worth of stock, and you are worried the price may fall by vear-end in 6 months. You we considering using either puts or calls to hedge this position. Given this, which of the following statements is (are) correct? 1. One way to hedge your position would be to buy puts. IL One way to hedge your position would be to write calls. III. if major stock price declines are likely, hedging with puts is probably better than hedging with short calls Al only B. Il only C. I and ill only D. I, II, and III 86. You purchase one MBI July 90 call contract for a premium of 54. The stock has a 2-for-1 split prior to the expiration date. You hold the option until the expiration date. when MBI stock sells for $48 per share. You will realize a on the investment A $300 profit B. $100 loss C. $400 loss D. $200 profit AAN AT Learning Oljete 15-20 Forwalte prob e ren Tel: Op Sort