Mn Ecel model based on the FinCorp example discussed in the text is shown below. The model allows fou to use any variety of options, stock, and lending or borrowing with a set investment amount and demmatates the investment flexibility of options. Excel Questions 1. Pot the rate of return to the call-plus-bills strategy using a diagram like that in Figure 15.5 but now assuming the investor uses an in-the-money call option with a strike price of $80. Assume the calls sell for \$15. The higher cost for these calls compared to the at-the-Tioney calls will result in less money being placed in T-bills because the investment budget is still $9,000. 2 Compare the plots of rate of return for the strategies using at-the-money calls (as in Figure 15.5) and your solution to Question 1. Which strategy is riskier? Mn Ecel model based on the FinCorp example discussed in the text is shown below. The model allows fou to use any variety of options, stock, and lending or borrowing with a set investment amount and demmatates the investment flexibility of options. Excel Questions 1. Pot the rate of return to the call-plus-bills strategy using a diagram like that in Figure 15.5 but now assuming the investor uses an in-the-money call option with a strike price of $80. Assume the calls sell for \$15. The higher cost for these calls compared to the at-the-Tioney calls will result in less money being placed in T-bills because the investment budget is still $9,000. 2 Compare the plots of rate of return for the strategies using at-the-money calls (as in Figure 15.5) and your solution to Question 1. Which strategy is riskier