Suppose the investor constructed a covered call. At expiration the stock price is $27 What is the investor's profit? a. b. $589 $289 c. $2,989 $2.711 -$1 1 e. What is the breakeven stock 82 price at expiration for the transaction described in problem $27.11 b. $30.00 c. $32.89 d. e. cannot be determined $29.89 10. What is the maximum profit from the transaction described in Question 8 if the position is held to expiration? $3,289 $289 infinity d. $2.711 e. cannot be determined Suppose the investor constructed a covered call. At expiration the stock price is $27 What is the investor's profit? a. b. $589 $289 c. $2,989 $2.711 -$1 1 e. What is the breakeven stock 82 price at expiration for the transaction described in problem $27.11 b. $30.00 c. $32.89 d. e. cannot be determined $29.89 10. What is the maximum profit from the transaction described in Question 8 if the position is held to expiration? $3,289 $289 infinity d. $2.711 e. cannot be determined