Required:

a$.$ You have just purchased the options listed below. Based on the information given, indicate whether the option is in the money, or

out of the money, whether you would exercise the option if it were expiring today, what the dollar profit would be$,$ and what the

percentage return would be$.($Enter $"0"$ if there is no profit or return from not exercising the option. Round your answers to $2$

decimal places. Loss amounts should be indicated by a minus sign.$)$

b$.$ Now suppose that time has passed and the stocks' prices have changed as indicated in the table below. Recalculate your answers

to part a$.($Enter $"0"$ if there is no profit or return from not exercising the option. Round your answers to $2$ decimal places.$)$