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9 Refer to Figure 15.1. which lists the prices of various IBM options. Use the data in the figure to calculate the payoff and the

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9 Refer to Figure 15.1. which lists the prices of various IBM options. Use the data in the figure to calculate the payoff and the profit/loss for investments in each of the following Oct-11 expiration options. assuming that the stock price on the expiration date is $164. (Leave no cells blank - be certain to enter 0 wherever required. Loss amounts should be indicated by a minus sign. Round Profit/Loss to 2 decimal places.) Payoff Profit/Loss a. Call option. X 160 b. Put option. X = 160 c. Call option. X 165 d. Put option. X = 165 e. Call option. X = 170 f. Put option. X = 170 You purchase one IBM September 170 put contract for a premium of $6.20. What is your maximum possible profit? (See Figure 15.1.)Assume each contract is for 100 units

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