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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 July 2017 expiration options on a single share, assuming that the stock price on the expiration date is $68. (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.) Payoff 0.00 Profit/Loss (2.40) 0.00 a. Call option, X = 70 b. Put option, X 70 c. Call option, X 72 d. Put option, X - 72 o. Call option, X=74 1. Put option, X=74 (1.15) 0.00 (0.42) 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 July 2017 expiration options on a single share, assuming that the stock price on the expiration date is $68. (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.) Payoff 0.00 Profit/Loss (2.40) 0.00 a. Call option, X = 70 b. Put option, X 70 c. Call option, X 72 d. Put option, X - 72 o. Call option, X=74 1. Put option, X=74 (1.15) 0.00 (0.42)

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