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

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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 O 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.) Company Option Strike Today's Stock Price In/Out of the Money? Premium Exercise? Net Profit Return ABC Call $ 10.00 $ 10.26 In the money $ 1.10 Yes ABC Put $ XYZ Call $ 10.00 25.00 $ $ 10.26 Out of the money $ 0.95 No 23.93 Out of the money $ XYZ Put $ 25.00 $ 23.93 In the money $ 1.05 No 2.25 Yes dididi % % % % 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 O if there is no profit or return from not exercising the option. Round your answers to 2 decimal places.) Company Option Strike Today's Stock Price In/Out of the Money? Premium Exercise? Net Profit Return ABC Call $ 10.00 $ 11.23 In the money $ 1.10 Yes ABC Put $ 10.00 $ 11.23 Out of the money $ 0.95 No XYZ Call $ 25.00 $ 27.00 In the money $ 1.05 Yes XYZ Put $ 25.00 $ 27.00 Out of the money $ 2.25 No % % % % do do do di

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