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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 $72. (Leave no cells blank - be certain to enter "O" wherever required. Loss amounts should be indicated by a minus sign. Round "Profit/Loss" to 2 decimal places.) Answer is complete but not entirely correct. Payoff Profit/Loss a. 6.00 X 7.60 X b. 0.00 (0.58) C. 4.00 6.85 x Call option, X = 70 Put option, X = 70 Call option, X = 72 Put option, X = 72 Call option, X = 74 Put option, X = 74 d. 0.00 (1.32) e. 2.00 5.28 x f. 0.00 X (2.59) X 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 $72. (Leave no cells blank - be certain to enter "O" wherever required. Loss amounts should be indicated by a minus sign. Round "Profit/Loss" to 2 decimal places.) Answer is complete but not entirely correct. Payoff Profit/Loss a. 6.00 X 7.60 X b. 0.00 (0.58) C. 4.00 6.85 x Call option, X = 70 Put option, X = 70 Call option, X = 72 Put option, X = 72 Call option, X = 74 Put option, X = 74 d. 0.00 (1.32) e. 2.00 5.28 x f. 0.00 X (2.59) X

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