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Question 20 Use the below table which lists prices of various Microsoft options. Use the data in the figure to calculate the payoff and the

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Question 20 Use the below table which lists prices of various Microsoft options. Use the data in the figure to calculate the payoff and the profits for investments in each of the following January 18 expiration options, assuming that the stock price on the expiration date is $100. Microsoft (MSFT) Expiration January 18, 2019 January 18, 2019 January 18, 2019 February 8, 2019 February 8, 2019 February 8, 2019 Strike 95 100 105 Underlying stock Price: 101.51 Call 7.65 3.81 1.45 Put 0.98 2.20 4.79 95 9.50 2.86 100 5.60 3.92 105 3.08 6.35 5 pts Figure 20.1 Prices of stock options on Microsoft on January 2, 2019 Source: Google Finance, www.google.com/finance. Call Option, X - $95 - Put Option, X = $95 Payoff Profit/Loss Do not round intermediate calculations. Round your answers to 2 decimal places. Leave no cells blank - be certain to enter "0" wherever required. Negative amounts should be indicated by a minus sign

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