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Question 17 2.5 pts How to obtain the following payoff in bold with option(s) and/or future(s) on the same underlying stock (ignoring the cost of

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Question 17 2.5 pts How to obtain the following payoff in bold with option(s) and/or future(s) on the same underlying stock (ignoring the cost of the options)? Note: The slope of line AB is 2. Payoff 20 0 60 70' 80 Stock Price -20 B + + -80 Buy a put option on the stock with an exercise price of $60 and buy a future on the same si a future price of $80. Sell a put option on the stock with an exercise price of $60 and sell a future on the same stock with a future price of $80. Sell a call option on the stock with an exercise price of $60 and buy a put option on the same stock with an exercise price of $80. Sell a put on the stock with an exercise price of $80 and buy a call option on the same stock with an exercise price of $60. Question 16 2.5 pts Suppose you have bought a commercial liability insurance and your losses covered during the policy period are as follows: $20,000; $15,000; $30,000: $15,000; $2,000; $50,000; $80,000. How much will you pay during the policy period if your commercial liability policy has the following terms: $8,000 per occurrence deductible and $120,000 policy limit? $92,000 O $112,000 $50,000 $8,000

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