1. The following prices for options on Comar Inc. was found on a market data site. The current stock price of Comar Inc. is $59. Option Strike Call Call Put Put 38 38 55 Time to maturity 3 mos Price ($) 5.25 60 6 mos 7.00 55 3 mos 2.35 60 6 mos 7.55 a. Calculate the payoff for the Call 55 and Call 60. (3 marks) b. Calculate the payoff for the Put 55 and Put 60. (3 marks) c. Without Black Scholes Merton, what do you think the market is anticipating for Comar Inc.'s stock price based on the price of the Call 60 and Put 60 option prices? (4 marks)