Question 1 (4 points) ) Listen You own an underlying asset with a purchase price of $44. You can invest in either a long or short position in a forward, call, or put. Details for these three contracts are as follows: forward price = $45, call strike price = $55, call premium = $2, put strike price = $35, and put premium = $1. You have entered into a protective put. What is the difference between the higher and lower breakeven points for the protective = = put? $3 $13 $6 There is only a single breakeven point for a protective put; hence, this question cannot be answered. Question 1 (4 points) ) Listen You own an underlying asset with a purchase price of $44. You can invest in either a long or short position in a forward, call, or put. Details for these three contracts are as follows: forward price = $45, call strike price = $55, call premium = $2, put strike price = $35, and put premium = $1. You have entered into a protective put. What is the difference between the higher and lower breakeven points for the protective = = put? $3 $13 $6 There is only a single breakeven point for a protective put; hence, this question cannot be answered