Question 3 Misi Bhd is considering the following options: Option Cost of Striking Current Market Option Price per Value of Underlying ($) Share ($) Stock ($) Call (100 shares) 250 15 20 Put (100 shares) 280 40 35 Warrant (1 warrant may purchase 5 shares 10 38 45 of stock) Misi Bhd also needs to expand its facilities. To do so, the company must purchase an RM500,000 machine. The machine is available for lease or purchase. Required: (a) Calculate the profit or loss associated with each option while disregarding brokerage fees. (13 marks) (b) Describe THREE (3) primary techniques that the company can use if it decides to lease the machine. (12 marks) Total: 25 Marks