Consider a stock paying continuous dividends of 1%. Assume r = 0.06, sigma = 0.32 and today's stock price of S_0 = 33. a) You sell 100 Calls with strike K = 35 and expiration in 68 days (assume 365 days in a year). You also construct a delta-hedge to manage your risk. If tomorrow (1 day later) stock price rises to $34.50. find your net. profit/loss from your hedged portfolio. Repeat, this problem for the case of selling 100 Puts with strike K = 35 and all other parameters staying the same