Refer to the stock options on Microsoft in the Figure $2\mathrm{.}10.$ Suppose you buy a November expiration call option on $200$ shares with the excise price of $$235.$Required:a$-1.$ If the stock price at option expiration is $$246,$ will you exercise your call?multiple choice $1$YesNoa$-2.$ What is the net profit or loss on your position?Note: Input the amount as a positive value.a$-3.$ What is the rate of return on your position?Note: Negative value should be indicated by a minus sign. Round your answer to $2$ decimal places.b$-1.$ Would you exercise the call if you had bought the November call with the exercise price $$230?$multiple choice $2$YesNob$-2.$ What is the net profit or loss on your position?Note: Input the amount as a positive value.b$-3.$ What is the rate of return on your position?Note: Negative value should be indicated by a minus sign. Round your answer to $2$ decimal places.c$-1.$ What if you had bought the November put with exercise price $$246$ instead? Would you exercise the put at a stock price of $$246?$multiple choice $3$YesNoc$-2.$ What is the rate of return on your position?