Problem 4: Suppose that a March call option t buy a share for $50 costs $2.50 and it is held until March (expiration). Under what circumstances will the holder of the option make a profit? Under what circumstances will the option be exercised? Identify the profit function of the call and evaluate the function in the two intervals defined by the strike price. Draw a diagram illustrating how the profit from a long position in the option depends on the stock price at maturity of the option