6 B ba amrotning A explain the difference between open end and closed end managed funds ?. Demonstrate that the put - call parity condition provides two equivalen E ways of guaranteeing a minimum value for a fund using Europian options m 400 one expiry of You have the money call and put options on the index available priced at 170.68 and 153.21 respectively. The index Stands at and the year visk free interest rate is 3% Construct a put protected Investment that gurantees Sum of $ 900,000 on options with a ontoo maturity of one year onllom You are given the following scenario A competitive visk naturat neutral Market ma key clears the market for trading asset where there traders uninformed noise trader and it informed trader. The latter has perfect information about the true value of asset which is 110 or 40. The market makey thinks two prices are equally likely. in an are 2 an an ot the -asset with one mean of 100. ave o The uninformed trader buys one unit or Sells unit of equal probability. The true value of the asset is now normally distributed with a The uninformed trades designated normally distributed with mean of Zevo. The un informed trader assumes that the market maker sets the price at where to is the mean of the price distribution and aggregate flow. The - as trader takes the view that the Share is worth 'v' assumed to be 106 in this case. Po try + Yts Calculate the the Informed making expected profits for trader in both cases your line of reasoning clear END OF Q.NO 5