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Required: Refer to Elgure 151, which lists the prices of various Microsoft options. Use the data in the figure to calculate the payoff and the

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Required: Refer to Elgure 151, which lists the prices of various Microsoft options. Use the data in the figure to calculate the payoff and the profit/oss for investments in each of the following December 2019 expiration options on a single share, assuming that the stock price on the expiration date is $142. (Loss amounts should be indicated by a minus sign. Round "Profit/Loss" to 2 decimal places.)

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