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Refer to the stock options on Apple in the Figure 2.10. Suppose you buy an June expiration call option on 100 shares with the excise

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Refer to the stock options on Apple in the Figure 2.10. Suppose you buy an June expiration call option on 100 shares with the excise price of $145. a-1. If the stock price in June is $148, will you exercise your call? Yes O No a-2. What is the net profit/loss on your position? (Input the amount as a positive value.) Net profit of $ (463) a-3. What is the rate of return on your position? (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places.) Rate of return % ok ences 6-1. Would you exercise the call if you had bought the June call with the exercise price $140? Yes NO b-2. What is the net profit/loss on your position? (Input the amount as a positive value.) of ces b-3. What is the rate of return on your position? (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places.) Rate of retum % C-1. What if you had bought an June put with exercise price $145 instead? Would you exercise the put at a stock price of $145? O Yes O NO c-2. What is the rate of return on your position? (Negative value should be indicated by a minus sign.) Rate of return %

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