1215.875 Use the following quotes for Target stock options: TGT US Equity 95) Actions 96 Export .97) Settings TARGET CORP Center 216.12 Strikes Calc Mode -2.6362% -5.845 215.82/215.99 Hi 220.34 Lo 215.76 Volm 717042 Option Monitor HV 25.09 Exp 21-Jan-22 DD Center Strike 13 Calls/Puts 83 Calls Puts Exch US Composite As of 21-Jan-2022 19 Term Structure 92) 03/02/22 EERN 7) Moneyness Calls Strike Puts Ticker Bid Ask Last IVM Volm Ticker Bid Ask Last IVM Volm 21-Jan-22 (0d); CSize 100; R .26; IFwd 216.06 21-Jan-22 (0d); CSize 100; R .26; IFwd 216.06 D IGT 1/21/22 C10 5.80 7.40 7.35 118.18 2 TGT 1/21/22 C212.5 3) TGT 1/21/22 C215 4TGT 1/21/22 C217.5 3.65 6.10 6.65y 130.35 4210.00 50 TGT 1/21/22 P210 212.50 53 TGT 1/21/22 P212.5 .18 31 .30 87.48 58 .44 .59 .50 77.91 36 1.77 2.28 2.10 66.42 .56 .89 80 64.54 5) TGT 1/21/22 C220 .15 .26 .21 60.19 18-Feb-22 (28d); CSize 100; IDiv .78 USD; R .26; IFwd 215.32 TGT 2/18/22 C200 17.55 20.00 28.50y 37.18 7) TGT 2/18/22 (210 TGT 2/18/22 C220 TGT 2/18/22 C230 10.00 10.25 10.80 29.19 4.60 4.90 5.15 27.75 1.76 1.96 1.98 27.49 10 TGT 2/18/22 C240 .62 .73 .72 28.22 5215.00 53) TGT 1/21/22 P215 77217.50 50 TGT 1/21/22 P217.5 62 220.00 55) TGT 1/21/22 P220 200.00 50 TGT 2/18/22 P200 10210.00 57) TGT 2/18/22 P210 62 220.00 580 TGT 2/18/22 P220 79 230.00 59 TGT 2/18/22 P230 102 240.00 600 TGT 2/18/22 P240 .89 1.22 1.00 63.96 202 1.96 2.46 2.30 60.30 86 3.90 4.55 4.00 56.40 149 18-Feb-22 (28d); CSize 100; IDiv .78 USD; R .26; IFwd 215.32 2.10 2.20 2.10 32.04 44 4.45 4.75 4.60 29.45 462 9.15 9.55 9.40 27.52 34 16.30 16.90 16.37 27.01 28 23.85 25.95 23.78 16.79 20 18-Mar-22 (56d); CSize 100; IDiv .78 USD; R .26; IFwd 215.36 18-Mar-22 (56d); CSize 100; IDiv .78 USD; R .26; IFwd 215.36 11) TGT 3/18/22 (200 20.15 21.60 29.00 35.07 12 TGT 3/18/22 C210 13.45 13.80 14.25 32.58 13) TGT 3/18/22 C220 8.35 8.65 9.65 31.34 14 TGT 3/18/22 C230 4.85 5.15 5.10) 19 TGT 3/18/22 C240 2.70 2.95 2.85 31.07 31.08 200.00 61 TGT 3/18/22 P200 16 210.00 62 TGT 3/18/22 P210 20 220.00 630 TGT 3/18/22 P220 35 230.00 60 TGT 3/18/22 P230 16240.00 65) TGT 3/18/22 P240 5.00 5.15 4.95 34.16 18 8.30 8.50 8.35 32.35 38 12.85 13.45 12.55 31.34 6 19.15 19.80 18.49 30.06 9 26.05 27.80 25.83 28.44 Source: Bloomberg Finance L.P. Assume you purchased the right to sell 2,000 shares of Target stock in March 2022 at a strike price of $240 per share. Suppose Target stock sells for $208 per share immediately before your options' expiration. What is the rate of return on your investment? What is your rate of return if the stock sells for $272 per share (think about it)? Assume your holding period for this investment is exactly three months. Note: A negaive value should be indicated by a minus sign. Do not round intermediate calculations. Enter your 3-month returns as a percent rounded to 2 decimal places. Answer is complete but not entirely correct. Return on investment at $208 Return on investment at $272 18.98% -100 %