a. You have just purchased the options listed below. Based on the information given, indicate whether the option is in the money, out of the money, or at the money, whether you would exercise the option if it were expiring today, what the dollar profit would be, and what the percentage return would be. (Enter O if there is no profit or return from not exercising the option. Round your answer to 2 decimal places.) Option Strike Profit -0.84 Return % Call 10 V Company ABC ABC ABC ABC Today's Stock Price $10.26 $10.26 $23.93 $23.93 In/Out of the Money? In the money Out of the money v Out of the money v In the money 10 Put Call Put Premium 1. 10 0.95 1. 05 2. 25 Exercise? Yes No No Yes % 25 V % 25 -1.18 % b. Now suppose that time has passed and the stocks' prices have changed as indicated in the table below. Recalculate your answers to part a. Company Option Strike Profit Return % 10 Today's Stock Price $11. 23 $11.23 $27.00 $27.00 ABC ABC ABC ABC 10 In/Out of the Money? (Click to select) (Click to select) (Click to select) (Click to select) Ca11 Put Ca11 Put Premium 1. 10 0.95 1. 05 2. 25 % Exercise? (Click to select) (Click to select) (Click to select) (Click to select) V 25 25 %