You purchased 3 call options and 4 put options on BMI stock at the strike price of $20. You paid $400 in total to buy these options. The current stock price is $22. If you decide to exercise those options which are in the money, what will be your return (in dollars)? Hint: remember each option gives you the right to buy or sell 100 units of underlying asset. $100. $300. $0. $100. $200. $200. $400. We need to know the options premium for call and put individually. Question 15 ( 2 points) You are using the FCF approach to find the stock price of Further to Fly. The most recent FCF of the company has been $4.5 million and it is expected to grow by 5% each year. If the appropriate cost of capital is 10% and the total liabilities of the firm are $10 million, what should be the stock price apiece? There are 5 million shares outstanding. $18.90. $16.90. $36.90. $90.00. $45.00. $37.80. $73.80