23) Lisa thinks she can outperform the market if she trades options. If Lisa buys a call option for $2.50 with a strike price of $40. Currently the stock is trading at $41. What is Lisa's payoff? A) $0 B) $1.50 C) $0.50 D) $1.50 24) Lisa buys a put option for $3.25 with a strike price of $90. Currently the stock is trading at $88. What is Lisa's payoff? A) $0.75 B) $1.25 C) $0.50 D) $1.50 25) Lisa sells a call option for $1.75 with a strike price of $30. Currently the stock is trading at \$28. What is Lisa's payoff? A) $0.75 B) $1.25 C) $0.50 D) $1.75 26) Lisa sells a put option for $4.50 with a strike price of $80. Currently the stock is trading at $74. What is Lisa's payoff? A) $4.50 B) $1.50 C) $1.50 D) $6.00 27) Calculate the breakeven stock prices for the options you purchased in questions 23 and 24 . How much larger is the breakeven of the put option? A) $44.25 B) $46.75 C) $10.75 D) $11.25 28) Calculate the breakeven stock prices for the options you purchased in questions 25 and 26 . How much larger is the breakeven of the put option? A) $11.25 B) $33.00 C) $55.00 D) $43.75