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5. What is the value of exercising a call option expiring on December 31, 2024 to buy 700 shares of employer's stock at an exercise

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5. What is the value of exercising a call option expiring on December 31, 2024 to buy 700 shares of employer's stock at an exercise price of $16 on the following dates: a. May 19, 2022 when employer stock is traded at $17.00? b. June 8, 2022 when employer stock is traded at $17.50? C. May 19, 2023 when employer stock is traded at $20.00? d. November 21, 2023 when employer stock is traded at $12.50? O e. January 24, 2024 when employer stock is traded at $19.00

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