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show calculation (2 marks) O Puan Renuka, believes that the share price of Karisma Bhd will increase over next few months. Therefore, she decided to

show calculation

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(2 marks) O Puan Renuka, believes that the share price of Karisma Bhd will increase over next few months. Therefore, she decided to purchase a 6-month Karisma Bhd RM3.00 call option for RM0.20. The current market price of Karisma Bhd's share is RM3.00. Required: If the current market price of Karisma Berhad's share goes down to RM2.30 per share, determine the impact towards Puan Renuka's option strategy. (3 marks) Calculate the price of Karisma Berhad's share should be traded for, if Puan Renuka wants a profit of RMO.30. (3 marks) (Total: 15 marks)

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