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help please, thank you a. You have just purchased the options listed below. Based on the information given, indicate whether the option is in the
help please, thank you
a. You have just purchased the options listed below. Based on the information given, indicate whether the option is in the money, out of the money, or at the money, whether you would exercise the option if it were expiring today, what the dollar profit would be, and what the percentage return would be. (Enter "O" if there is no profit or return from not exercising the option. Round your answer to 2 decimal places.) Company Option Strike Today's Stock In/Out of the Premium Exercise? Profit Money? In the money Out of the money Out of the money # In the money Return ABC ABC ABC ABC $10.26 $10.26 $23.93 $23.93 Call 10 10 25 25 0.75 0.85 2.05 Yes No 0 Call b. Now suppose that time has passed and the stocks' prices have changed as indicated in the table below. Recalculate your answers to part a. Company Option Strike Today's Stock In/Out of the Money? In the money0.90 Out of the money In the money0.85 Out of the money # 2.05 Premiumm Exercise? Profit Return Price $11.23 $11.23 $27.00 $27.00 Call ABC ABC ABC ABC 10 25 25 0.75 No Call es PutStep by Step Solution
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