The stock price of Heavy Metal (HM) changes only once a month: either it goes up by 22% or it falls by 18.5%. Its price now is $49. The interest rate is 0.9% per month. a. What is the value of a one-month call option with an exercise price of $49? b. What is the option delta? c. The payoffs of the call option can be replicated by buying shares of stock and borrowing. What amount should be invested in stock and what amount must be borrowed? d. What is the value of a two-month call option with an exercise price of $49 ? e. What is the option delta of the two-month call over the first one-month period? Complete this question by entering your answers in the tabs below. a. What is the value of a one-month call option with an exercise price of $49 ? (Do not round interm your answer to 2 decimal places.) b. What is the option delta? (Do not round intermediate calculations. Round your answer to 3 decir Complete this question by entering your answers in the tabs below. The payoffs of the call option can be replicated by buying shares of stock and borrowing. What am stock and what amount must be borrowed? (Do not round intermediate calculations. Round your a places.) Complete this question by entering your answers in the tabs below. d. What is the value of a two-month call option with an exercise price of $49 ? (Do not round interr your answer to 1 decimal place.) e. What is the option delta of the two-month call over the first one-month period? (Do not round i Round your answer to 3 decimal places.) The stock price of Heavy Metal (HM) changes only once a month: either it goes up by 22% or it falls by 18.5%. Its price now is $49. The interest rate is 0.9% per month. a. What is the value of a one-month call option with an exercise price of $49? b. What is the option delta? c. The payoffs of the call option can be replicated by buying shares of stock and borrowing. What amount should be invested in stock and what amount must be borrowed? d. What is the value of a two-month call option with an exercise price of $49 ? e. What is the option delta of the two-month call over the first one-month period? Complete this question by entering your answers in the tabs below. a. What is the value of a one-month call option with an exercise price of $49 ? (Do not round interm your answer to 2 decimal places.) b. What is the option delta? (Do not round intermediate calculations. Round your answer to 3 decir Complete this question by entering your answers in the tabs below. The payoffs of the call option can be replicated by buying shares of stock and borrowing. What am stock and what amount must be borrowed? (Do not round intermediate calculations. Round your a places.) Complete this question by entering your answers in the tabs below. d. What is the value of a two-month call option with an exercise price of $49 ? (Do not round interr your answer to 1 decimal place.) e. What is the option delta of the two-month call over the first one-month period? (Do not round i Round your answer to 3 decimal places.)