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NEED HELP TO ANSWER THIS ASAP! THANKS a1) You hold 50,000 shares of stock in a company that recently went public, and the IPO lockup

NEED HELP TO ANSWER THIS ASAP! THANKS

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a1) You hold 50,000 shares of stock in a company that recently went public, and the IPO lockup expires tomorrow do not want to sell your shares, but do want to protect them against a fall in price when the lockup expires, The curre of the stock is S40.80. The following traded put and call options are available on the stock: Type x Price Put 37 2,37 Call 44 2.37 suppose you design a protective put to hedge your 50,000 shares of the underlying. a) What is the lower bound portfolio value to this strategy? b) What is the upper bound portfolio value to this strategy? c) What is the cost of the strategy. Instead, suppose you design a zero-cost lar to hedge your 50,000 shares in the underlying. d) What is the lower bound portfolio value to this strategy? e) what is the upper bound portfolio value to this strategy? fo What is the cost to this strategy

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