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Required: Some time ago you purchased the options below at the premiums listed. Given the current stock prices in the table indicate whether the
Required: Some time ago you purchased the options below at the premiums listed. Given the current stock prices in the table indicate whether the option is in the money or out of the money, whether you would exercise it if it were expiring today, what the dollar profit would be, and what the percentage return would be. (Enter "O" 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.) Company Option Strike Today's Stock Price In/Out of the Money? Premium Exercise? Net Profit Return ABC Call S 10.00 $ 11.23 In the money $ 1.10 Yes % ABC Put $ 10.00 $ 11.23 Out of the money $ 0.95 No (100.00) % XYZ Call $ 25.00 $ 27.00 in the money $ 1.05 Yes % XYZ Put $ 25.00 $ 27.00 Out of the money $ 2.25 No (100.00) %
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