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Handwritten and with the formula please. Thank you Use the option quote information shown above to answer the questions that follow. The stock currently selling

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Handwritten and with the formula please. Thank you

Use the option quote information shown above to answer the questions that follow. The stock currently selling for RM110. (a) Suppose you buy 10 contracts of the August 100 call option. How much will you pay by ignoring the commissions? (3 marks) (b) From part (a), suppose MFC Corp. stock is selling for RM140 per share on the expiration date. How much is your options investment worth? What if terminal stock price is RM125? (6 marks) (c) Suppose you buy 10 contracts of the August 100 put option. What is your maximum gain? MfC Corp. selling for RM90 per share on the expiration date, how much is your option investment worth? Calculate your net gain? (8 marks)

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