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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

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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.) Company Option Strike Today's Stock In/Out of the Money? Premium Exercise? Yes ABC ABC ABC ABC $10.26 $10.26 $23.93 $23.93 Call 10 10 25 25 In the money Out of the money Out of the money In the money 0.99 0.00 % 0.00 % 0.00 Call 0.00 2.29 Yes 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 Today's Stock In/Out of the Price Money? Exercise? Yes Premium 1.14 ABC ABC ABC ABC Call Put Call Put 10 10 25 25 $11.23 $11.23 $27.00 $27.00 In the money Out of the money n the money1.09 Out of the money No 0.00 0.00 % Yes 2.29 No 0.00 0.00 %

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