D Question 10 1 pts The common stock of the T-Corp has been trading in a narrow price range for the past month, and you are convinced it is going to break far out of that range in the next three months. You do not know whether it will go up or down, however. The current price of the stock is $1000 per share, and the price of a 3-month call option at an exercise price of $1000 is $100. 1. If the risk-free interest rate is 8% per year, what must be the price of a 3-month put option on T-Corp stock at an exercise price of $1000? (The stock pays no dividends.) 2. What would be a simple options strategy to exploit your conviction about the stock price's future movements? How far would it have to move in either direction for you to make a profit on your initial investment? Edit View Insert Format Tools Table 12pt v Paragraph BI U p 1 0 words