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 0 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 Price $10.26 $10.26 $23.93 $23.93 Money? In the money0.90 Out of the money 0.75 Out of the money # 0.85 In the money v Exercise? Yes No Premium Profit Return ABC ABC ABC ABC Call Put Call Put 25 25 2.05 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 $11.23 $11.23 $27.00 $27.00 Money? Out of the money In the money Premiunm Exercise? Yes Profit Return ABC ABC ABC ABC Call Put Call Put In the money 0.90 0.75 10 10 25 25 0.85 Yes Out of the money2.05No