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D Question 6 5 pts Pacific Gas and Electric (ticker: PCG), the largest utility company in the state of California, filed for bankruptcy on January

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D Question 6 5 pts Pacific Gas and Electric (ticker: PCG), the largest utility company in the state of California, filed for bankruptcy on January 29th, 2019 due to the anticipation of nearly $30 billion in potential liability claims for deadly wildfires that may have been caused by its electricity power generating facilities. Assume PCG stock is currently trading at $12.23. Suppose I think that the stock price of PCG will fall to zero over the next year due to the wildfire damages claims. What kind of at-the-money option on PCG should I purchase today in order to profit from this view? Buy a call option on PCG Buy a put option on PCG D Question 7 5 pts [Continuation of Question 6] Now suppose I think that the state government will provide financial assistance to PCG and the stock price of PCG will increase to $50 over next year. What kind of at-the-money option on PCG should I purchase today in order to profit from this view? O Buy a put option on PCG O Buy a call option on PCG

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