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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

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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 "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.) Today's Stock Price Company Option Strike Premium Exercise? Net Profit Return In/Out of the Money? 10.26 In the money ABC Call $ 1.14 Yes $ 2.60 ABC Put 10 26 Out of the money $ 0.99 No XYZ Call 1.09 No 23 93 Out of the money 2393 In the money XYZ Put 229 Yes $ 10.00 S $ 10.00 $ 25.00 $ $ $ 25.00 $ $ $ 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.) Today's Stock Price ma In/Out of the Money? Net Profit Return Company ABC Option Call Strike 10.00 $ Premium Exercise? $ 1.14 11.23 $ Put $ 10.00 $ ABC 11.23 $ 0.99 XYZ 27.00 $ 1.09 Call $ 25.00 $ $ XYZ Put 25.00 $ 27.00 $ 2.29 % %

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