Q.

Mr A purchase 150 shares of stock at a cost of $60 per

share . To hedge the risk that the stock might decline in
value, Mr. A purchased 2 lots ( lot size of 75 each) of five-
month European put options. Each option has an exercise
price of $ 50 and costs $7. How can Mr. A develop a
worksheet that indicates the five-month percentage return on
my portfolio for a variety of possible future prices?

Nputs $150.00
Nshares $150.00
exprice $50.00
pricenow $60.00
putcost $7.00
startvalue with hedging $10,050.00
startvalue unhedged $9,000.00

final stock price final put value

$30.00 $3,000.00
$35.00 $2,250.00
$40.00 $1,500.00
$42.00 $1,200.00
$45.00 $750.00
$48.00 $300.00
$50.00 $0.00
$55.00 $0.00
$60.00 $0.00
$70.00 $0.00
 percentage percentage return
final share value return hedged unhedged
$4,500.00 -25% -50%
$5,250.00 -25% -42%
$6,000.00 -25% -33%
$6,300.00 -25% -30%
$6,750.00 -25% -25%
$7,200.00 -25% -20%
$7,500.00 -25% -17%
$8,250.00 -18% -8%
$9,000.00 -10% 0%
$10,500.00 4% 17%
 Which short cut key to be used for the following:

A For opening new workbook Ctrl+N

B For Deleting the Column ctrl-
C For adding a new column ctrl+
D For selecting the row Shift+Downarrow
E For modifying the formula in the cell ctrl+shift+end