answer c1 only

Use the option quote information shown here to answer the questions that follow. The stock is currently selling for $46 Calls Puts Strike Price 47 47 47 47 Last 3.13 3.54 3.96 4.00 Option Macrosoft Vol 104 80 Last 2.13 2.37 2.65 2.86 Vol 59 Expiration Feb Mar May Aug 30 a. Suppose you buy 29 contracts of the February 47 call option. How much will you pay, ignoring commissions? Cost $6177 Suppose you buy 29 contracts of the February 47 call option. Macrosoft stock is selling for $49 per share on the expiration date b-1 How much is your options investment worth? Payoff $5800 b-2 What if the terminal stock price is $48? Payoff $2900 Suppose you buy 29 contracts of the August 47 put option c-1 What is your maximum gain? Maximum gain