Question 1: ABL shares are currently trading at a price of $24, while HHT shares are trading at a price of $48.82. The risk-free rate is 1.29% per year.

Using the information above, perform each of the following tasks:

a) Identify which of the following options are in-the-money, out-of-the-money or at-the-money: Call on ABL with a strike of $25.17, Call on ABL with a strike-price of $27, Put on HHT with a strike-price of $63.26

b) If HHT shares have a 77% chance of increasing by 10% and a 23% chance of decreasing by 15% by the date of the option expiration, what will be the expected return on HHT shares and the expected return on a protective put position? For simplicity you may assume the put has a price of $1 and has the same strike-price as listed above.

I just need b a I have the answer but you need the information from a to solve b