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Question 7 (14 points) CoStar Group stock price is $590. The call option on CoStar stock with strike price X=$550 (expiration January 2022) has a

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Question 7 (14 points) CoStar Group stock price is $590. The call option on CoStar stock with strike price X=$550 (expiration January 2022) has a premium C=$45.30. You wrote one call option at this premium. 1) For call option premium C=$45.30, how much is the intrinsic value and time value? (4 points) 2) What would be your profit (loss) if CoStar Group stock price is $525 in January? (3 points) 3) What would be your profit (loss) if CoStar Group stock price is $585 in January (3 points) 4) What CoStar Group stock price will make you breakeven? (4 points)

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