The price of Z Corp. stock is currently $24 per share, but in six months you expect it to rise to $32. Z Corp. does not pay a dividend. You plan to buy a six-month call on Z Corp. with a strike price of $25 and a current market price of $3. What holding period return do you expect on this call? a) 25% b) 133% c) 233% d) 28% 5) One way to speculate on the expectation that the general market will rise is to a) sell short a diversified portfolio of common stocks. b) buy the call options on one or two industries c) write a variety of put and call options. d) buy a stock index call option. Suppose you purchase 100 shares of common stock at $25 and pay $150 for a put with a $25 striking price. In this situation, which of the following statements is (are) true? 6) I. No matter what happens to the price of the stock over the life of the put, the most you can lose is $150. Il. No matter what happens to the price of the stock over the life of the put, the most you can gain is $150. a)/I only Il only c) Both I and