If Vanderlay's expected return is 12%, it is O A. overvalued and you should not invest in it. OB. undervalued and you should invest in it. OC. fairly valued D. cannot be determined from the information given QUESTION 7 15 points Save Answer An option on Vanderlay Industries has three months until maturity with a strike of $98; the cost to purchase this option today is $5. At expiration in three months, Vanderlay's stock is trading at $100. What is the value of the option at maturity? A. -$3 OB. SO OC. +$2 OD. +$3 QUESTION 8 points Save Answer An option on Vanderlay Industries has three months until maturity with a strike of $98; the cost to purchase this option today is $5. At expiration in three months, Vanderlay's stock is trading at $100. At maturity, what is the profit of this trade? 0 $3 0 $0 +$2 +$3 If Vanderlay's expected return is 12%, it is O A. overvalued and you should not invest in it. OB. undervalued and you should invest in it. OC. fairly valued D. cannot be determined from the information given QUESTION 7 15 points Save Answer An option on Vanderlay Industries has three months until maturity with a strike of $98; the cost to purchase this option today is $5. At expiration in three months, Vanderlay's stock is trading at $100. What is the value of the option at maturity? A. -$3 OB. SO OC. +$2 OD. +$3 QUESTION 8 points Save Answer An option on Vanderlay Industries has three months until maturity with a strike of $98; the cost to purchase this option today is $5. At expiration in three months, Vanderlay's stock is trading at $100. At maturity, what is the profit of this trade? 0 $3 0 $0 +$2 +$3