Refer to the stock options on Microsoft in the Figure $2\mathrm{.}10.$ Suppose you buy a November expiration call option on $100$ shares with the excise price of $$140.$

Required:

a$-1.$ If the stock price at option expiration is $$145,$ will you exercise your call?

$$ Yes

No

ences

a$-2.$ What is the net profit$/$loss on your position? $($Input the amount as a positive value.$)$

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