Chp 17 Homework Saved 2 Use the option quote information shown below to answer the questions that follow. The stock is currently selling for $32. 10 Calls Puts points Option and NY Close Macrosoft Strike Price Expiration Vol. Last Vol. eBook Last Hint February March May August 34 34 34 34 Print 9073 66 97 27 1.25 8 1.46 45 27 16 8 1.73 2.14 2.56 2.60 References a. Suppose you buy 15 contracts of the February 34 call option. How much will you pay, ignoring commissions? (Do not round intermediate calculations.) Suppose you buy 15 contracts of the February 34 call option and Macrosoft stock is selling for $35 per share on the expiration date. b-1. How much is your options investment worth? (Do not round intermediate calculations.) b-2. What if the terminal stock price is $34? (Do not round intermediate calculations.) Suppose you buy 15 contracts of the August 34 put option. c-1. What is your maximum potential gain? (Do not round intermediate calculations.) c-2. On the expiration date, Macrosoft is selling for $28 per share. How much is your options investment worth? (Do not round intermediate calculations.) c-3. On the expiration date, Macrosoft is selling for $28 per share. What is your net gain? (Do not round intermediate calculations.)