value 1.25 points a. If, in a two-state model, a stock can take a price of 188 or 141, what would be the hedge ratio for each of the following prices: $188, $185, $175, $141? (Leave no cells blank- be certain to enter "" wherever required. Round your answers to 2 decimal places.) Hedge Ratio $188 $185 $175 $141 b. What do you conclude about the hedge ratio as the option becomes progressively more in the money? O Increases to a maximum of 1.0 Decreases to a minimum of 0