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2. Microsoft's closing price on November 21,2022 was $242.05. The option prices for Microsoft for the day are listed in the table below: a. As

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2. Microsoft's closing price on November 21,2022 was $242.05. The option prices for Microsoft for the day are listed in the table below: a. As of the close of November 21, 2022, which moneyness best describes the Jan 20, 2023, 260 Call option? Circle the best answer. (i) in-the-money option (ii) at-the-money option (iiii) out-of-the-money option b. Suppose you buy a January 20,2023 expiration call option with exercise price $230. If the stock price in January 20, 2023 is $210, (i) will you exercise your call? (ii) what is your profit/loss (\$) on your position

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