Review View Help Format Tell me what you want to do Question 5 1 pts Hailey purchases a one-year 60-strike European call for a premium of 20.65. She also sells a 76- strike call on the same underlying asset for a premium of 10.77. The spot price of the asset at expiration is 85. The effective annual interest rate is 5%. Calculate Hailey's total profit at expiration. 5.40 o 5.18 0 495 5.63 0 5.85 Question 8 1 pts The spot price of a certain stock is currently 85. Rodney purchases a one-year 90-strike European call on the stock for a premium of 10.62. Gail writes a one-year 110-strike European call on the same stock for a premium of 4.50. The risk-free interest rate is 7%, compounded continuously. At a spot price of Sat expiration, Rodney's profit is equal to Gail's profit. Find S. 13122 111.22 106.22 94.83 126.22