9. Confirm these are the equations to replicate the payoff. Solve for the number of shares ( ) and the number of bonds (B) to replicate the payoff. $90=$200+B$1.05$0=$50+B$1.05 = (this will be a fraction) B= (this will be a negative number) Determine the cost of the replicating portfolio. This is the premium of the option. Callpremium=$100+B$1= (must be a positive dollar amount)