For risk management purposes, Rania decided to both own the stock and short a call on the stock. She entered this position with 105 contracts each containing 100 strategies. She bought the stocks initially for $ 37.5 per stock and sold the call for $ 11.75 with a strike price of $ 26.75. The expiration of the contract is within 2 months.

a/ What is the amount of her initial investment

b/ What is her gain/loss if the stock price in 2 months is $ 25.25

c/ What is his gain/loss if the stock price in 2 months is $ 18

d/ What is his maximum loss?

e/ What is the breakeven price?