Question 10 10 pts A put option is purchased and held for 1 year. The Exercise price on the underlying asset is $40. If the market price of the asset at expiration is $36.45 and the future value of the original option premium after one year is (-$1.62 ), what is the put profit, if any at the end of the year? O $1.93 O $1.62 O $3.55 O $5.17 Question 11 10 pts An investor purchases a call option with an exercise price of $55 for $2.60. The same investor sells a call on the same security with an exercise price of $60 for $1.40. At expiration 3 months later, the stock price is $56.75. All other things being equal and given an annual interest rate of 4.0%, what is the net profit or loss to the investor? O $1.50 loss $0.54 gain o $1.65 gain O $1.21 loss