Tant hagu Scenario 12 Vinod makes another transaction to SELL (WRITE) S PUT contracts of MNK Lid stock as per the following details Stnke Price $03 Put Price (Premium) 59 Expiry Date: Jan 18, 2020 Market Price of MNK Stock 588 Answer the following questions (1 Mark for each question) What are the rightsobligations of Vinod in this transaction Answer: Vinod has obligation to at a strike price of B3 His ability and market price goes below 13 How many shares does Vinod control? Answer Vinod does not control any sure Is this option in the money or out of the money? Answer: Option is out of money at this stage What is the intrinsic Value of the Options? Answer What is the Time Value of the Options Answer What is his mimum potential loss in this transaction? Answer: What is his maximum potential gain in this transaction? Answer What is Vinod's expectation of the future price of MNK stock? Answer What is Vinod's expectation of the future price of MNK stock? Answers If the market price of MNK stock goes up, what will happen to the price of HMT Option? If the MNK company announces dividend of $2 per share during this period, will Vinod be entitled for dividend