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5. A call option is priced at $15, the exercise (strike) price is $25 and the stock price is $35. (a) Is the option in

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5. A call option is priced at $15, the exercise (strike) price is $25 and the stock price is $35. (a) Is the option "in the money" or "out of the money?" (b) Calculate the exercise value of the option. (c) Calculate the time value of the option. (d) Calculate the breakeven value of the stock if the call option is purchased. (e) In what direction will the price of the option change if the stock price increases

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