Decrease the size of the hedge position because delta has increased. Increase the size of the hedge position because gamma has decreased. Question 10 (1 point) Bart Skinner is valuing a one year call option on the shares of Pepsi. This call option has an exercise price of $50.00, while the price of Pepsi shares are $53.00 and the risk free rate is 6%. Pepsi's share price may change by 10% every 6-months with the probability of price appreciation being 65%. What should be the approximate value of this call according to the binomial pricing model? $9.84 $6.68 $5.32 $4.73 Question 11 (1 point) Saved Suppose that the standard deviation of quarterly changes in the prices of a commodity is $0.65, the standard deviation of quarterly changes in a futures price on