You bought a put option on a stock with a strike price of $5. Suppose that the stock is currently traded at $6 per share, what is the payoff your put option position? a. $5 b. $1 c. -$1 d. $0 e. $4 Given ten historical returns: [-15%, -13%, -10%, -5%, -3%, 1%, 4%, 7%, 11%, 20%], what is the 20% value at risk (VaR) under the empirical distribution? a. -10% b. -13% c. -15% d. -14% e. 11%