Consider the following data on XYZ Inc. options: Option Market price Strike Price Market price Expiration of option per of XYZ Inc. contract stock Call (1 share $217 $1000 $943 1 year per contract) Put (1 share $257 $1000 $943 1 year per contract) Required: (a) Which one of the above options is out-of-the-money? Why? (b) Show and calculate the intrinsic value of the above in-the-money option. (C) Assuming a purchase of 1 XYZ Inc. call option contract and 1 XYZ Inc. put option contract with the above market prices. Elaborate, show, and calculate full ranges of prices of XYZ Inc. stock, where this portfolio will be profitable at expiration. Also indicate the range of prices of XYZ Inc. stock where this portfolio will lose money at expiration (d) XYZ Inc. has just issued a convertible bond where the holder of such bond is entitled to exchange the convertible bond into shares at 1 share per $1000 par value in 1 year. True or False: Issuing convertible bond by XYZ Inc. is similar to selling a call option. Justify your answer. Consider the following data on XYZ Inc. options: Option Market price Strike Price Market price Expiration of option per of XYZ Inc. contract stock Call (1 share $217 $1000 $943 1 year per contract) Put (1 share $257 $1000 $943 1 year per contract) Required: (a) Which one of the above options is out-of-the-money? Why? (b) Show and calculate the intrinsic value of the above in-the-money option. (C) Assuming a purchase of 1 XYZ Inc. call option contract and 1 XYZ Inc. put option contract with the above market prices. Elaborate, show, and calculate full ranges of prices of XYZ Inc. stock, where this portfolio will be profitable at expiration. Also indicate the range of prices of XYZ Inc. stock where this portfolio will lose money at expiration (d) XYZ Inc. has just issued a convertible bond where the holder of such bond is entitled to exchange the convertible bond into shares at 1 share per $1000 par value in 1 year. True or False: Issuing convertible bond by XYZ Inc. is similar to selling a call option. Justify your