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Note: Please follow the formatting requirements specified in each question. You are not able to include symbols. Use the following option quote to answer the

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Note: Please follow the formatting requirements specified in each question. You are not able to include symbols. Use the following option quote to answer the questions below. 21 May 2021 Mentone Ltd Last share sale price $25.00 CALLS - LAST PUTS - LAST Strike price Jun 2021 Jun 2021 July 2021 Aug 2021 $5.50 $5.60 July 2021 Aug 2021 $2.90 $3.42 $20.00 $5.45 $2.30 a) Mentone shares are selling for $32 on the expiration date. What is the value of one July call option on the expiration date?. Answers must be rounded to 2 dp. (1 mark) 0 Answer: 5 (1) What is the profit on one July call option at the expiration date?. Answers must be rounded to 2 dp. (1 mark) Answer: $ b) Are the June put options currently in the money? (1 mark) Answer: What is the minimum price the August call option should sell for on 21 May 2021?. Answers must be rounded to 2 dp. (1 mark) Answer: $

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