Investment Analysis class. Please check attached files for questions. Can you show work or how you got the answer so i know its correct instead of someone guessing. Thank You

Homework 1 ECON 366 Investment Analysis Scenario 1.: A put option with the exercise price 530$ that is expiring in five months is selling for 23$. The price of underlying stock is 540$.: 1. The contract is: A. Exercised B. Not Exercised 2. The profit to the seller (or writer) of the put is: A. -33 B. -13 C. 23 3. What is the profit to a buyer of the put? A. -33 B. -23 C. 23 Scenario 2.: Suppose you discover a treasure of $1 million in cash 4. Is this a real or financlial asset? A. Real B. Financial 5. Is the society any richer after your discovery? A. Yes. B. No 6. What would you expect to happen to the spread between yields on commercial paper and Treasury bills if the economy were to enter a steep recession? A. Become wider B. Become narrower 7. If a 90-day US Treasury Security is selling for 9870. The discount-basis yield is closest to: A. 5.2 B. 5.27 C. 5.34 Scenario: A bill has a bank discount yield of 6.81% based upon the asked price, and 6.90% based upon the bid price. The maturity of the bill (already accounting for skip-day settlement) is 60 days. 8. The bid price of bill is A. $9,886.50 B. $9,885.00 C. $9,884.50 9. The ask price is A. $9,886.50 B. $9,885.00 C. $9,884.50 10. An investor is in the 28% tax bracket. If corporate bonds happen to offer 9% yields, what must tax-free munis (municipal bonds) yield for the investor to prefer them to corporate bonds? A. 6.38% B. 6.28% C. 6.49%