(d) Decide and state an option (call or put) and an action (long or short) that is most desirable for the stakeholders below. For example: Long Call. (i) An aviation company planning to buy oil to fuel its planes 6 months in advance to fuel its jet. (1 mark) An investor shorted a share and wants to hedge its risk. (1 mark) (iii) Palm oil producer plans to export palm oil in a month amid significant increase in demand. (1 mark) (iv) An investor bought a share and wants to hedge its risk. (1 mark) (v) A licensed broker looking to earn a premium in a bear market. (1 mark) (vi) A licensed broker looking to earn a premium in a bull market. (1 mark) [Total: 40 marks]