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Required: Refer to Figure 1 5 . 1 , which lists the prices of various Microsoft options. Use the data in the figure to calculate
Required:
Refer to Figure which lists the prices of various Microsoft options. Use the data in the figure to calculate the payoff and the
profitloss for investments in each of the following December expiration options on a single share, assuming that the stock price
on the expiration date is $Loss amounts should be indicated by a minus sign. Round "ProfitLoss to decimal places.
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