You would like to speculate on a rise in the price of a certain stock. The current stock price is $29 and a three-month call option with a strike price of $30 costs $2.90 (1 option contract = 100 shares of stock). You have $5,800 to invest. Identify two alternative strategies (buy stock now, buy call option). Briefly outline the advantages and disadvantages of each for (a) increases and (b) decreases in price of stock. a) the price of the stock increases above $29 b) the price of the stock decreases below $29