helpQUESTION $2$

ACM Sdn Bhd has released the following financial information:

ACM is planning to use $$800,000$ of its earnings for stock repurchase. If ACM pays

$$52\mathrm{.}00$ per share for this repurchase exercise, compute the company's new EPS.

Consider the purchase of TNB JUN$50$ call options at $$5$ premium. $($You bought CALL,

so you have the right to buy!$)|$

a$)$ Calculate your profit$/$loss if TNB spot market price is $$30.(3$ marks$)$

b$)$ Calculate your profit$/$loss if TNB spot market is $$60.(3$ marks$)$

c$)$ Calculate your breakeven price. $(3$ marks$)$

d$)$ Calculate your maximum loss. $(3$ marks$)$

e$)$ Calculate your maximum gain. $(2$ marks$)$