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Required: Refer to Figure 15.1, which lists the prices of various Microsoft options. Use the data in the figure to calculate the payoff and the
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Refer to Figure 15.1, 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 November 2019 expiration options on a single share, assuming that the stock price on the expiration date is $139. (Loss amounts should be indicated by a minus sign. Round "Profit/Loss" to 2 decimal places.)
Microsoft (MSFT) Expiration November 15, 2019 November 15, 2019 November 15, 2019 December 20, 2019 December 20, 2019 December 20, 2019 Underlying stock price = $139.69 Strike Call Put 135 156. 6.78 1.89 140 3.60 3.70 145 1.50 6.65 135 7.93 3.28 140 4.88 5.30 145 2.71 8.10 Required: Refer to Figure 15.1, 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 November 2019 expiration options on a single share, assuming that the stock price on the expiration date is $139. (Loss amounts should be indicated by a minus sign. Round "Profit/Loss" to 2 decimal places.) X Answer is not complete. Payoff Profit/Loss a. Call option, X = 135 b. Put option, X = 135 c. Call option, X = 145 $ 0.00 $ (1.89) $ 0.00 $ (1.50) d. Put option, X = 145Step by Step Solution
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