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Q 3 . You have just purchased the options listed below. Based on the information given, indicate whether the option is in the money, out

Q3. You have just purchased the options listed below. Based on the information given, indicate whether the option is in the money, out of the money, or at the money, whether you would exercise the option if it were expiring today, what the dollar profit would be, and what the percentage return would be.(Enter "0" if there is no profit or return from not exercising the option. Round your answer to 2 decimal places.)
[In the column "In/Out of the Money," set up answers as multiple choice with dropdown; answer options: In the money / Out of the money.
In the column "Exercise?" set up answers as multiple choice with dropdown; answer options Yes / No.
See Explanation section for correct answers.]
\table[[Company,Option,Strike,\table[[Today's Stock],[Price]],\table[[In/Out of],[the],[Money?]],Premium,Exercise?,Profit,Return],[ABC,Call,10.00,10.26,>,1.10,>,>,>
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