A trader enters into a one-year short forward contract to sell an asset for $60 when the spot price is $58. The spot price in one year proves to be $63. What is the trader's gain or loss? a. 5 gain b. 5 loss c. 3 loss d. 2 loss e. 3 gain Consider an exchange trades put option to sell 100 shares for $20. Give (i) the strike price and (ii) the number of shares that can be sold after a 5 for 1 stock split. a. 8; 125 b. 4; 500 c. 8; 500 d. 4; 125