The exercise price for Destini Berhad's stock is RM48. This stock is currently selling at RM52....

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The exercise price for Destini Berhad's stock is RM48. This stock is currently selling at RM52. The option has 4 months expiration. The annual risk-free interest rate is 7%. The standard deviation has been estimated to be 30% per year. From the above information, you are required to answer the below questions. a. Calculate the value of the call option. b. Calculate the value of a put option. c. Destini Berhad owns 100,000 shares. Devise a delta hedge to protect against changes in the share price. (5 Marks) (10 Marks) (5 Marks) d. If Destini Berhad have already 50,000 written call options, devise a delta hedge to protect against changes in the share price. (5 Marks) The exercise price for Destini Berhad's stock is RM48. This stock is currently selling at RM52. The option has 4 months expiration. The annual risk-free interest rate is 7%. The standard deviation has been estimated to be 30% per year. From the above information, you are required to answer the below questions. a. Calculate the value of the call option. b. Calculate the value of a put option. c. Destini Berhad owns 100,000 shares. Devise a delta hedge to protect against changes in the share price. (5 Marks) (10 Marks) (5 Marks) d. If Destini Berhad have already 50,000 written call options, devise a delta hedge to protect against changes in the share price. (5 Marks)