Kevin is interested in the use of stock options as a way of obtaining exposures to stock movements that are not otherwise available. He has obtained current prices for options on Deland stock (Current price = CHF 84.20 and each contarct is for 100 share as follows: 15 day (May) 105 day (Aug) 195 day (Nov) Call Premia Expiration: Strike: 80 85 90 4.73 1.44 0.22 7.84 4.94 2.87 10.11 7.28 5.05 15 day (May) 105 day (Aug) 195 day (Nov) Put Premia Expiration: Strike: 80 85 90 0.30 2.00 5.76 2.05 4.04 6.88 2.98 4.96 7.55 A. Compute the maximum profit and loss and the breakeven stock price(s) for a November put butterfly. This strategy involves buying the 80 and 90 put while selling two 85 puts. (5% Marks)