1. In stock market complete a protective call on GE. What is your max gain, max loss and break-even show all work.
2. What is the value of an investment that pays $17,000 every other year forever, if the first payment occurs one year from today and the discount rate is 9 percent compounded daily?
3. Covered Call In the stock market, Buy a stock from Apple for $200. Sell call with strike above 210. What is your max gain, loss and break-even. Show all work.