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(1 point) Suppose that you sell for $5 each six call options with a strike price of $62, and buy for $12 each six put

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(1 point) Suppose that you sell for $5 each six call options with a strike price of $62, and buy for $12 each six put options with a strike price of $62. Suppose all options have the same expiration date 0.7 years and the stock price on the exercise date is $59. a) What is the payoff for the call option? Answer = $ 0 b) What is the payoff for the put option? Answer = $ c) What is your profit for the portfolio on the exercise date? Answer = $

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