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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 profit/loss

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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 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 $62. (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.) Payoff Profit/Loss a. Call option,X-70 b. Put option, X = 70 c. Call option, X - 72 d. Put option, X - 72 o. Call option, X = 74 1. Put option, X=74 Microsoft (MSFT) Expiration Strike June 16, 2017 70 June 16, 2017 June 16, 2017 74 Underlying stock price = $71.75 Call Put 0.24 0.67 0.90 0.13 2.87 70 2.40 July 7, 2017 July 7, 2017 July 7, 2017 1.32 2.59

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