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Option Quotations for the M&B Corporation are listed in the Wall Street Journal as follows: Closing represents the closing price per share of M&B on

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Option Quotations for the M&B Corporation are listed in the Wall Street Journal as follows: Closing represents the closing price per share of M&B on a particular trading day. Is the Seo Call in-the-money or out-of-the-money? (answer with the word IN or the word OUT) Is the Jun Put in-the-money or out-of-the-money? (answer with the word IN or the word OUT) Part (2) How much would it cost in premiums to invest in an October (OCT) straddle on M&B? $ Place your answer in dollars and cents without a dollar sign

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