Suppose you find a stock thats currently priced at $35, has a constant annual dividend of $2/share, and an estimated beta of 0.5. If the risk free rate is 2%, and the market portfolio is expected to pay 12%, which option (call or put) should you buy in order to make profits on this information? What do you expect the stock price to do when other investors discover what youve found? What other things are important to your investment decision?