Question: 7. Please design a bear-viewpoint ELN with face value (FV) of zero-coupon bond, and a shorting position of call option on the index (S) with
7. Please design a bear-viewpoint ELN with face value (FV) of zero-coupon bond, and a shorting position of call option on the index (S) with a strike price K. (1) Showing a mathematical equation for the ELN at maturity. (2) How many units of call options should be sold. (3) Plotting the diagram of the net payoffs for the ELN. 7. Please design a bear-viewpoint ELN with face value (FV) of zero-coupon bond, and a shorting position of call option on the index (S) with a strike price K. (1) Showing a mathematical equation for the ELN at maturity. (2) How many units of call options should be sold. (3) Plotting the diagram of the net payoffs for the ELN
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