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Consider that today is January 3, 2017. Refer to the figure below which list the the prices of various Microsoft (European) options. Use the data

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Consider that today is January 3, 2017. Refer to the figure below which list the the prices of various Microsoft (European) options. Use the data in the figure to calculate the payoff (per-share of stock) for an investments in the June 2017 call option (i.e. long call) with $70 strike price, assuming that the stock price (spot) on the expiration date is $61. Microsoft (MSFT) Underlying stock Expiration June 16, 2017 June 16, 2017 June 16, 2017 Strike 70 72 74 Call 2.02 0.67 0.13 Put 0.24 0.90 2.37 July 7, 2017 July 7, 2017 July 7, 2017 70 72 2.40 1.15 0.42 0.58 1.32 2.59 74 (Leave no cells blank - be certain to enter "0" wherever required. Loss amounts should be indicated by a minus sign. Round your answer to 2 decimal places.)

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