I need help with problem. pls help

a. Assuming a stock price of $464, what would be the hedge ratio for each of the following exercise prices: $464, $377, $290, $261? (Leave no cells blank - be certain to enter "0" wherever required. Round your answers to 2 decimal places.) Hedge Ratio $464 $377 $290 $261 b. What do you conclude about the hedge ratio as the option becomes progressively more in the money? O Increases to a maximum of 1.0 Decreases to a minimum of O