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Ch24.Q2. (12 points) The following quotes are for options on Vanguard Total Stock Market Index ETF. VTI 70.28 Calls Bid Expiration Strike Bid May 5.60

Ch24.Q2. (12 points) The following quotes are for options on Vanguard Total Stock Market Index ETF. VTI 70.28 Calls Bid Expiration Strike Bid May 5.60 65 na 0.15 May 0.15 75 4.50 4.80 Dec 7.10 8.00 65 2.50 3.20 Dec 1.50 2.00 75 6.60 7.30 a) For the $65 strike call options with 7 months to expiration, what is the Intrinsic Value (on a per share basis, like the option price quotes)? Are they currently in-the-money or out-of-the-money? na 5.30 Today is May 4 Puts Ask Ask

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