(a) Will call buyer exercise the call when market price on July 19 is $90? Please answer yes or no. (b) Suppose you write a IBM call which was sold for $7.00 on Apr 9 2013 with exercise price X=$110, on Expiration date July 19,2013, given different possibilities of market prices, please answer. Hint: Profit/ loss is not payoff. ST: Market price of IBM 19 July 2013 Will call buyer exercise the call?(yes or no) Dollar profit/loss to call writer 0 80 90 100 110 120 130 140 150 160 170 180 190 1. Will call buyer exercise the call when market price on July 19 is $130? 2) how much is profit/loss for call writer( who writes a call) if the market price on July 19 is $100? 3) How much is the profit/loss for a call writer when market price on July 19 is $140? PLEASE ANSWER AND BE BRIEF AS IN WHAT QUESTION # YOU ARE ANSWERING TOO. DONT WANT ANY CONFUSION WITH MY ANSWERS