Sonky Rubber Ca. stock is currently selling for $69.63 per share. Options permit the holder to bury one share at an exercise price of $75.00. These options will expire at the end of one year. When the option explres, Scaky rubber Co.s stock will either bo seling for $90.00 or $65.00. The range of Sonky Rubber Co's ending stock prices is In contrast, the range of Sonky Rubber Cols ending option payoffs is To construct a hedged portfolio, the imvestor's goal is to have the portfolio payoff be the same if the stock goes up or down. Suppose Julian is planning on writing one call option, how many shares of stock should he buy to set up the hedge? 0.70 shares 0.60 shares 0.65 shares 0.40 shares 0.75 shares If the investor decides to go forward with creating this riskless hedge, the net payolf will be What will be the equilibrium price of the call option if the risk-free rate is 8w? $5,95 $5.39 $4.25 45.67 $6.24