Suppose the share price of a certain stock is 22 today and that it will either be 26 or 16 in six months and will move after another six months as follows: if at 26, to either 40 or 23 and, if at 16, to either 23 or 11. If the interest rate is 8% compounded continously and no commission is charged on options, describe a portfolio consisting of shares and bonds which hedge the risk on a call option on one share with strike price 25 and maturity date one year. Suppose the share price of a certain stock is 22 today and that it will either be 26 or 16 in six months and will move after another six months as follows: if at 26, to either 40 or 23 and, if at 16, to either 23 or 11. If the interest rate is 8% compounded continously and no commission is charged on options, describe a portfolio consisting of shares and bonds which hedge the risk on a call option on one share with strike price 25 and maturity date one year