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Problem 23-2 Option Payoffs (LO1) The following table lists the options on Amazon shares in January 2018 when Amazon stock was selling for $1,300. Expiration

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Problem 23-2 Option Payoffs (LO1) The following table lists the options on Amazon shares in January 2018 when Amazon stock was selling for $1,300. Expiration Date July 2018 Exercise Price $1,200 1,300 1,400 Call Price $161.70 104.00 62.55 Put Price $ 53.55 96.00 156.05 Use the data in the table to calculate the payoff and the profits for investments in each of the following July maturity options, assuming that the stock price on the expiration date is $1,300. (Negative amounts should be indicated by a minus sign. Round your "Profit" answers to 2 decimal places.) Payoff Profit a. b. C. Call option with exercise price of $1,200 Put option with exercise price of $1,200 Call option with exercise price of $1,300 Put option with exercise price of $1,300 Call option with exercise price of $1,400 Put option with exercise price of $1,400 d. e. f

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