Required:

Refer to Figure $15\mathrm{.}1,$ which lists the prices of various Microsoft options. Use the data in

the figure to calculate the payoff and the profit$/$loss 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 $$137.($Loss amounts should be indicated by a

minus sign. Round "Profit$/$Loss$"$ to $2$ decimal places.$)$