Question: please answer the 2 questions below: Question 23 (Mandatory) (2.5 points) For which of the following is the profit less than the payoff? Only a

please answer the 2 questions below:  please answer the 2 questions below: Question 23 (Mandatory) (2.5 points)
For which of the following is the profit less than the payoff?

Question 23 (Mandatory) (2.5 points) For which of the following is the profit less than the payoff? Only a long call 9 Only a short call Only a long put Only a short put Only a long forward Both a short call and a short put Both a long call and a long put Long call and short call Question 24 (2.5 points) Which of the following equations are accurate? Floating payment - quarterly floating rate x floating leg accrual factor x notional principal Floating payment = annualized floating rate x floating leg accrual factor x notional principal Floating payment = annualized floating rate x 180/360 x notional principal All of the above

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