Question 1 3 pts Assume Call and Put options on IBM Stock have a strike of $50 have premia of $2.50 and $2.00 respectively. If at maturity the spot is $52.00, which option gets exercised (if any) and which is true: Neither; Profit is $0 Put; Loss $.50 Call: Profit $2.50 Call; Loss 9.50 Put: Profit is $.50 None of the other answers Question 2 3 pts Assume Call and Put options on IBM Stock have a strike of $47 have premia of $4 and $6 respectively. If at maturity the spot is $48.68, what is the payoff (per share) from the option that is in the money