e} Em option hedge. 1. Use the BlackScholes model to see the implied volatility of the ENYM option premium using only the data in the case. In other 1words, What combinations of the given strike price, maturity, volatility, spot, and the USE! HEBRESterling LIEUR rates would generate the call option price. Include a screenshot of the option model. ii. Evaluate historical volatility over 3 months, I5 months, and 1 year, using actual spot $f prices (not from the case} over the past three months and past year starting from the actual day you download the data. h :o't-vwwiuvesto edia.comfaskfanswersf2115tho rcan u-calculate-volatili - excel.asp iii. Look onliner'Eloomberg for current actual quotations of one year $f implied volatility. iv. Based upon 1what you found out about historical and market quoted volatility [above in ii and iii}, compare it to the implied volatility you found [above in i} to see if the BNYM call option is fairly priced. v. Evaluate the overall hedged results of this strategy {35 cost) if the Eli-IE turns out to be 1.15, 1.25, 1.25, LSD, 1.35, 1.41}, 1.45 noting in what cases the option is exercised or not, and which exchange rate scenario of the above works out best for Wainwright if they hedged with the call option. [Be careful on this.)