So far, things have gone well with Dr. Washington Before you wrap up your meetings and he begins investing, you decide to spend a little time sharing information with him about using derivatives to manage risk and enhance returns in his stock portfolio .You decide the best way to illustrate this is via a call option that he can use on a stock that might have some upside potential If the stock does not reach the potential, the option minimizes the risk The stock is AXQ Enterprises-a high-tech firm that did well during the Internet boom but declined when the boom turned into a bust. If the company's new portal software is adopted by a large number of consumers over the next few months, you believe the stock can go much higher The 6-month options are priced at U$S1, the strike price is US$22. and the current price for AXQ stock is US$20.Put together a PowerPoint presentation with a table or graph included that illustrates what advice you would give Dr. Washington on the options if the price of the stock was US$18. US$21. USS24. or U$S28 at the end of 6 months. Assignment Guidelines: Create a PowerPoint presentation for Dr Washington that includes the following: Slide 1 - Title Slide (Name, course name, and unit number) slide 2 - Your table or graph that contains the stock option data and the profit loss depending on the stock prices of US$18. US$21. US$24. or US$28 at the end of the 6-month period. Slide 3 - Your recommendations on whether or not to exercise the option based on the four hypothetical stock prices from slide 2 Explain the reasoning behind your recommendations. Slide 4 - Answer the following question: What happens if the stock price hits US$23? U$S23.01? Slide 5 - Answer the following question What purpose could adding a technology company into a stock portfolio serve