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 $76 (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.) b C d. je Answer is complete but not entirely correct. Profit/Loss Call option, X= 70 Put option, X= 70 Call option, X 72 Put option X-72 Call option, X= 74 Put option, X-74 Payoff 6.00 0.00-> 4.00 0.00 2.00- 0.00 5.76 0.58 x 0.00 0.00 0.00 0.00 Microsoft (MSFT) Expiration Strike June 16, 2017 70 June 16, 2017 72 June 16, 2017 July 7, 2017 July 7, 2017 July 7, 2017 70 72 74 Underlying stock price=$71.75 2.02 0.67 0.13 2.40 1.15 0.42 Put 0.24 0.90 2.37 0.58 1.32 2.59