Consider a stock currently trading at $40. There is a call on this stock with exercise prices of $40. The $40 strike call will cost \$7. There are no dividends on the stock and the option is European. Assume that all transactions consist of 100 shares or one contract (100 options). Use this information to answer the following questions. a. What is your profit (loss) if you buy a $40 strike call contract and the stock price at expiration is $37 ? (4037)7 b. What is the breakeven stock price at expiration on the call contract you purchased in part a? c. What is the maximum profit on the on the call contract you purchased in part a? d. Show the profit/loss function for this call option graphically