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Answer please the questions on the image Finances Class *8 You have purchased a ca_ll option with an exercise price of The stock currently trades

Answer please the questions on the image "Finances Class"
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*8 You have purchased a ca_ll option with an exercise price of The stock currently trades at The option pretniunl is S89_38 S90_59 S2_32 1 _ Calculate your net profit on the option contract the price of the stock at the exercise date is 3 points 2 _ Calculate your net profit on the option contract the price of the stock at the exercise date is 3 points 3 _ Why would you want to exercise a contract price even it is a negative profit the price of the stock is above the exercise price? 2 points S93_80 S89_69

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