An investor adopts a Bull spread strategy by buying a call with a low strike price (K) and selling a call with a higher strike price (KH). If he buys a call with strike price 535 at S6 per share and sells a call with strike price $45 at $4. If the stock price at contract maturity were as shown in the Table below from i to vi.
Stock price @ expiration (St)
$
Payoff on the Long call
Payoff on the Short call
Payoff on the Bull spread
i.30
ii.35
iii.40
iv.50
V.55
vi.65
a.
Determine the payoff on the long call, short call and the bull spread strategy fron to vi. Present your solution in a table. Systematically show how you arrived at y answers. 15marks
Zhui ji - 1971 is rated/received certificates of: USA:R
Yi jian mei - 1931 was released on: China: 23 July 1931 (Shanghai) (premiere) South Korea: 4 September 2004 (Gwangju International Film Festival) USA: 30 May 2010 (Seattle International Film Festival) USA: 16 July 2010 (San Francisco Silent Film Festival)
The cast of Ye jing da zhui sha - 1994 includes: Billy Chow Kara Hui Hung Lee Kwok Leung Cheung Chi Sam Poon
Zhui qi ji - 1961 is rated/received certificates of: Singapore:PG
Zhui ji - 1971 is rated/received certificates of: USA:R
Zhui ying - 2009 is rated/received certificates of: Australia:M Germany:12 Singapore:PG South Korea:15
Zhui nan zi - 1993 is rated/received certificates of: Hong Kong:IIA South Korea:15
Zhui ji 8 yue 15 - 2004 is rated/received certificates of: Hong Kong:IIB
Wu yue ying chun - 1992 is rated/received certificates of: Hong Kong:III Singapore:PG (cut)
The cast of Mo yu zhui kong - 1994 includes: Mark Cheng as Ray Pang Wai Lam as Chung Wai Shum as Wai Austin Wai as Cheung Ming
The cast of Shen tan Power zhi wen mi zhui xiong - 1994 includes: Frankie Chan George Lam Kim Penn Eric Tsang
Chu nu ye ji - 1993 is rated/received certificates of: Hong Kong:III
Chi Sam Poon has: Performed in "Zheng hong qi xia" in 1991. Performed in "Sei dou yau waak" in 1991. Played Mental Patient in "Tian di xuan men" in 1991. Performed in "Xin jing wu men 1991" in 1991. Performed in "Ye jing da zhui sha" in 1994. Performed in "Hong qiang dao ying" in 2000.
Chinese character is 追.Chinese phoenix is zhui.Pronunciation is z-wu-aye.