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

What will be the profit/loss to an investor in the following scenarios? (Loss amounts should be indicated by a minus sign. )

Part 1

An investor buys the call for $4.07 and the stock price in six months is $51.

Part 2

An investor buys the put for $7.24 and the stock price in six months is $50.