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Refer to Figure 15.1, which lists the prices of various Microsoft options. Use the data in the figure to calculate the payoff and the profit/loss

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Refer to Figure 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 June 2017 expiration options on a single share, assuming that the stock price on the expiration date is $69. (Leave no cells blank - be certain to enter "0" wherever required. Loss amounts should be indicated by a minus sign. Round "Profit/Loss" to 2 decimal places.) Payott Profit/Loss a. Call option,X-70 b. Put option, X70 c. Call option,X-72 d. Put option,X-72 e. Call option, X 74 Put option, X=74 Microsoft (MSFT) Expiration June 16, 2017 June 16, 2017 June 16, 2017 Strike 70 72 74 Underlying stock price= $71.75 Call Put 2.02 0.24 0.67 0.90 0.13 2.37 70 2.40 0.58 July 7, 2017 July 7, 2017 July 7, 2017 72 74 VIB2 259 0.42

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