S=48, X=50, C=4, P=3

3. If an invertor onginally bought the underlying asset for 550 , the jost would be 5 . If a pat option whs also purchased, the lost will be b. -53 c. 50 d. $1 er -53 4. The correlatioe between a long poubon in the undertying astet and purcliating a put option : When the price of the underlying anset is decreasing it. Zer b. Finual to if c. Postive d. Negatise e. Uninown 5. At expiration the call optica 2. Is in the money and thould be exvercised b. Is out of the money and thould be left to expire c. Is at the money and should be exrrised d. Har a payorr of negatrie $4 e. Both b und d ase cannct