Both a call and a put currently are traded on stock XYZ; both have strike prices of $$44$ and expirations of six months.

Requlred:

a$.$ What will be the profit$/$loss to an investor who buys the call for $$4\mathrm{.}75$ in the following scenarios for stock prices In six months? $($Loss

amounts should be Indlcated by a minus sign. Round your answers to $2$ decimal places.$)$

Answer is complete and correct.

b$.$ What will be the profit$/$loss in each scenario to an investor who buys the put for $$7\mathrm{.}60?($Loss amounts should be Indlcated by a

minus sign. Round your answers to $2$ decimal places.$)$

Answer is complete but not entirely correct.