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Refer to Figure 151, which lists the prices of various Microsoft options. Use the data in the figure to calculate the payoff and the profitloss

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Refer to Figure 151, which lists the prices of various Microsoft options. Use the data in the figure to calculate the payoff and the profitloss 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 $70. (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 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 1. Put option,X74 nces 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 July 7, 2017 July 7, 2017 July 7, 2017 72 2.40 1.15 0.42 0.58 1.32 2.59 74

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