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A call option on MassComputer Corp. is trading with a strike price of $100 and an expiration date on November 18th at 4 pm in

A call option on MassComputer Corp. is trading with a strike price of $100 and an expiration date on November 18th at 4 pm in the afternoon. The premium paid on the call is $5.05. What is the net profit or loss from buying the call just prior to 4 pm on November 18 if at this time the stock price per share of MassComputer is: a.$108.75 Answer:The net profit is $ b.$91.27 Answer:The net profit is $ Place your answers in dollars and cents. Negative answers should use the minus sign. For example, the answer of minus two dollars and twenty cents would be placed as -2.20.

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