Incorrect 0/4 pts Question 11 Consider the following option portfolio: You write a January 2012 expiration call option on IBM with exercise price $172, and the price of the call option is $8.93. You also write a January expiration IBM put option with exercise price $167, the price of the put option is $10.85. Instructions: enter your answer as a decimal rounded to the nearest cent. At what stock price will you just break even on your investment (.e., zero net profit)? For the put, this requires that: 1378 Incorrect 0/4 pts Question 12 Consider the following option portfolio: You write a January 2012 expiration call option on IBM with exercise price $172, and the price of the call option is $8.93. You also write a January expiration IBM put option with exercise price $167, the price of the put option is $10.85. Instructions enter your answer as a decimal rounded to the nearest cent. At what stock price will you just break even on your investment (i.e., zero net profit)? For the call, this requires that: 1,178 Incorrect 0/4 pts Question 13 Consider the following option portfolio: You write a January 2012 expiration call option on IBM with exercise price $172, and the price of the call option is $8.93. You also write a January expiration IBM put option with exercise price $167, the price of the put option is $10.85. What kind of "betis this investor making; that is what must this investor believe about IBM's stock price order to justify the position? betting that the IBM stock price will have low volatility betting that the IBM stock price will go down betting that the IBM stock price will go up. betting that the IBM stock price will have high volatility