Answer both questions for an upvote please

A portfolio on NKE stock consists of the following: One share of stock with a current price of 62.60. One short call option with a strike price of 68.00 and four months to expiration. The price of the option is 2.10. One long put option with a strike price of 58.00 and four months to expiration. The price of the option is 2.35. The continuously compounded risk-free interest rate is 3%. What is the cost of establishing this portfolio? Possible Answers A -0.25 B 0.25 C 62.60 D 62.85 E 63.48 You are given: i) An investor short-sells a non-dividend paying stock that has a current price of 44 per share. ii) This investor also writes a collar on this stock consisting of a 40-strike European put option and a 50-strike European call option. Both options expire in one year. iii) The prices of the options on this stock are: Strike price: 40. Call option premium: 8.42. Put option premium: 2.47 Strike price: 50. Call option premium: 3.86. Put option premium: 7.42 iv) The continuously compounded risk-free interest rate is 5%. v) Assume there are no transaction costs. Calculate the maximum profit for the overall position at expiration. Possible Answers A 2.61 B 3.37 C 4.79 D 5.21 E 7.39