Only answer q2. q1 is just for reference

zero so that you would have a positive profit at time zero and zero net cash flow in the future. [36 points] Note: 1. Use uppercase S to represent the stock price at the expiration. Hint: S will be in the solution of some cells 2. Don't type in the dollar sign. 3. Round the answer to two decimal place, if needed Points possible: 24 (1) Buy Sell Points possible: 3 (2) Buy Sell Points possible: 3 (3) Buy Sell Points possible: 3 (4) Lend Borrow Microsoft's stock price is now $40 per share. Microsoft will pay a $1 dividend in 4 months. Consider the following European options on Microsoft stock. Note: Please type in numbers without the dollar signs. 1). Calculate the no-arbitrage price of 5-month put (K=35,T=5 months), implied by put-call parity. Round your answer to two decimal places [10 points] zero so that you would have a positive profit at time zero and zero net cash flow in the future. [36 points] Note: 1. Use uppercase S to represent the stock price at the expiration. Hint: S will be in the solution of some cells 2. Don't type in the dollar sign. 3. Round the answer to two decimal place, if needed Points possible: 24 (1) Buy Sell Points possible: 3 (2) Buy Sell Points possible: 3 (3) Buy Sell Points possible: 3 (4) Lend Borrow Microsoft's stock price is now $40 per share. Microsoft will pay a $1 dividend in 4 months. Consider the following European options on Microsoft stock. Note: Please type in numbers without the dollar signs. 1). Calculate the no-arbitrage price of 5-month put (K=35,T=5 months), implied by put-call parity. Round your answer to two decimal places [10 points]