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Refer to Figure 15.1, which lists the prices of various Facebook options. Use the data in the figure to calculate the payoff and the profit/loss

image text in transcribedRefer to Figure 15.1, which lists the prices of various Facebook options. Use the data in the figure to calculate the payoff and the profit/loss for investments in each of the following Oct-14 expiration options on a single share, assuming that the stock price on the expiration date is $84. (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 = 75
b. Put option, X = 75
c. Call option, X = 80
d. Put option, X = 80
Underlying stock Facebook (FB) Expiration Strike 75 80 price - $75.95 Call 3.95 1.65 Put 3.01 5.72 Oct-14 Oct-14 75 80 4.85 2.64 Nov-14 3.97 Nov-14 6.74

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