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Microsoft (MSFT) Required: Refer to Egure 15.3 which is the prices of various Microsoft options. Use the data in the figure to calculate the payoff

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Microsoft (MSFT) Required: Refer to Egure 15.3 which is the prices of various Microsoft options. Use the data in the figure to calculate the payoff and the profit/loss for investments in each of the following December 2019 expiration options on a single share, assuming that the stock price on the expiration date is $137. (Loss amounts should be indicated by a minus sign. Round "Profit/Loss to 2 decimal places.) Underlying stock price $139 .69 Call Put Strike Payott Profit/Loss 135 6.78 1.89 a Calopion X 135 t. Put option, X135 Call option X145 d. Put option, X 145 140 3.60 3.70 Expiration November 15, 2019 November 15, 2019 November 15, 2019 December 20, 2019 December 20, 2019 December 20, 145 1.50 6.65 135 7.93 3.28 140 4.88 5.30 145 2.71 8.10 2019

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