How did Enrons Management profited from the Fraud over the years and in the end

1. Write the portfolio holdings for the following payoff structures. Profit Profit K K ST SI (a) ) (b) Profit Profit K ST K S, (c) (d) 2. What are the effects of the following variables on the value of call and put options? Please explain briefly. a. Higher price of the underlying stock b. Higher dividends c. Lower interest rates d. Lower volatility of the underlying stock 1. Write the portfolio holdings for the following payoff structures. Profit Profit K K ST SI (a) ) (b) Profit Profit K ST K S, (c) (d) 2. What are the effects of the following variables on the value of call and put options? Please explain briefly. a. Higher price of the underlying stock b. Higher dividends c. Lower interest rates d. Lower volatility of the underlying stock