Suppose Sam buys a put option that has a strike price of $30 that expires on Jan 28. The premium is $2.15 per share. Suppose the stock goes down in value to $27.35 by expiration. What is the intrinsic value per share? What is Sam's total profit or loss on the option contract? $0.50 intrinsic value; $0 loss on the contract $2.65 intrinsic value; $50.00 profit on the contract -$0.50 intrinsic value; $215 loss on the contract $0 intrinsic value; $215 loss on the contract $27.35 intrinsic value; $252 profit on the contract If the risk-free rate is 2.6% and the expected market return is 10.5%, what is the expected return of a stock if its beta is 1.8? 16.82% 22.62% 21.5% 18.90% 14.22%