You have $5200 to invest and you would like to speculate on a rise in the price of a certain

stock. The current stock price is $52; the futures stock price is $55, each futures contract is

for the purchase of 50 stocks, initial margin for each futures contract is $20. A 3 month call

with a strike price of $55,5 costs $4. Each option is for the purchase of 50 stocks.What are the potential gains and losses from each strategy if the stock price at

the end of 3 months increases to a) $60 per stock and b) decreases to $52 per stock