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Use the following information for Q10, Q11 and Q12. It is July and Toyota's stock price is V6,561 on the Tokyo Stock Exchange. Your analysis

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Use the following information for Q10, Q11 and Q12. It is July and Toyota's stock price is V6,561 on the Tokyo Stock Exchange. Your analysis suggests that Toyota's stock is overvalued and is worth 9% less than it trades for today. There are September expiration call and put options with a strike of 6300. The call premium is 390 per share and the put premium is 121 per share. The contract is for 1,000 shares. You decide to speculate on Toyota based on your analysis by buying three contracts that give you the right to sell Toyota stock. 4 points Q11. Do you exercise the option and what is your total net profit or loss if in September Toyota shares are priced at 9% less than today? Your answer Use the following information for Q10, Q11 and Q12. It is July and Toyota's stock price is V6,561 on the Tokyo Stock Exchange. Your analysis suggests that Toyota's stock is overvalued and is worth 9% less than it trades for today. There are September expiration call and put options with a strike of 6300. The call premium is 390 per share and the put premium is 121 per share. The contract is for 1,000 shares. You decide to speculate on Toyota based on your analysis by buying three contracts that give you the right to sell Toyota stock. 4 points Q11. Do you exercise the option and what is your total net profit or loss if in September Toyota shares are priced at 9% less than today? Your

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