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profit/loss is incorrect Microsoft (MSFT) Expiration Strike June 16, 2017 70 June 16, 2017 72 June 16, 2017 74 Underlying stock price = $71.75 $

profit/loss is incorrect
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Microsoft (MSFT) Expiration Strike June 16, 2017 70 June 16, 2017 72 June 16, 2017 74 Underlying stock price = $71.75 $ Call Put 2.02 0.24 0.67 0.90 0.13 2.37 0.58 July 7, 2017 July 7, 2017 July 7. 2017 70 72 74 2.40 1.15 0.42 1132 2.59 Check my wor Refer to Elgure 15.1 which lists the prices of various Microsoft options. Use the data in the figure to calculate the payoff and the profit/loss for investments in each of the following July 2017 expiration options on a single share, assuming that the stock price on the expiration date is $84. (Leave no cells blank - be certain to enter "0" wherever required. Loss omounts should be indicated by a minus sign. Round "Profit/Loss" to 2 decimal places.) a Call option, X = 70 b Put option, X = 70 C Call option, X = 72 d Put option X = 72 e Call option, X = 74 Put option X = 74 Payoff 14.00 0.00 12.00 0.00 Profit/Loss 11 98 (0.02) 11 33 (0 90) 9.87 (237) 10.00 0.00

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