Problem 2-26 (Algo) Refer to the stock options on Microsoft in the Figure 2.10. Suppose you buy a November expiration call option on 200 shares with the excise price of $135. Required: a-1. If the stock price at option expiration is $143, will you exercise your call? multiple choice 1 Yes No a-2. What is the net profit/loss on your position? (Input the amount as a positive value.) a-3. What is the rate of return on your position? (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places.) b-1. Would you exercise the call if you had bought the November

FIGURE 2.10 Stock options on Microsoft, September 4, 2019

ExpirationStrikeCallPut27-September-20191308.651.0327-September-20191354.822.1727-September-20191401.994.3515-November-201913011.503.5515-November-20191358.125.1515-November-20191405.327.40

Note: Microsoft stock price on this day was $137.49. Source: Compiled from data downloaded from Yahoo! Finance.