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 June 2017 expiration options on a single share, assuming that the stock price on the expiration date is $65. (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, X = 70
c.	Call option, X = 72
d.	Put option, X = 72
e.	Call option, X = 74
f.	Put option, X = 74

2 decimal places required.