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 "O" wherever required. Loss amounts should be indicated by a minus sign. Round "Profit/Loss" to 2 decimal places.) Profit/Loss Payoff 0.00 2.00 0.00 a. Call option, X = 70 b. Put option, X = 70 c. Call option, X = 72 d. Put option, X = 72 e. Call option, X = 74 f. Put option, X = 74 4.00 0.00 6.00 Microsoft (MSFT) Expiration Strike June 16, 2017 70 June 16, 2017 72 June 16, 2017 74 Underlying stock price = $71.75 Call Put 2.02 0.24 0.67 0.90 0.13 2.37 70 0.58 July 7, 2017 July 7, 2017 July 7, 2017 72 74 2.40 1.15 0.42 1.32 2.59