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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
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 $64. (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.) Microsoft (MSFTprice- $71.75 Put June 16, 201770 2.020.24 0.670.90 June 16, 2017740.132.37 stoc Payoff Profit/Loss Strike Call Expiration a. Call option, X = 70 b. Put option, X- 70 c. Call option, X72 d. Put option, x=72 e. Call option, X-74 f. Put option, X- 74 June 16, 201772 2.40 0.58 1.15 1.32 0.42 2.59 July 7.201770 7. 2017 July 7, 2017
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