Suppose you buy a May expiration call option on 100 shares with the excise price of $145. Would you exercise the call if you had bought the May call with the exercise price $145?

14 b-1. Would you exercise the call if you had bought the May call with the exercise price $145? Yes No 10 points b-2. What is the net profit/loss on your position? (Input the amount as a positive value.) Answer is complete and correct. Net profit of $ 237 b-3. What is the rate of return on your position? (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places.) > Answer is complete but ntire correct. Rate of return 31.06 X % Strike Call Put FIGURE 2.10 Option prices on Apple (AAPL), April 18, 2017 135 140 Expiration May 12, 2017 May 12, 2017 May 12, 2017 June 16, 2017 June 16, 2017 June 16, 2017 7.63 3.80 1.61 145 135 1.17 2.71 5.60 2.07 3.90 8.05 Note: Apple stock price on April 18, 2017 was $141.20. Source: Compiled from data downloaded from Nasdaq, www.nasdaq.com 140 4.80 145 2.50 6.65 14 b-1. Would you exercise the call if you had bought the May call with the exercise price $145? Yes No 10 points b-2. What is the net profit/loss on your position? (Input the amount as a positive value.) Answer is complete and correct. Net profit of $ 237 b-3. What is the rate of return on your position? (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places.) > Answer is complete but ntire correct. Rate of return 31.06 X % Strike Call Put FIGURE 2.10 Option prices on Apple (AAPL), April 18, 2017 135 140 Expiration May 12, 2017 May 12, 2017 May 12, 2017 June 16, 2017 June 16, 2017 June 16, 2017 7.63 3.80 1.61 145 135 1.17 2.71 5.60 2.07 3.90 8.05 Note: Apple stock price on April 18, 2017 was $141.20. Source: Compiled from data downloaded from Nasdaq, www.nasdaq.com 140 4.80 145 2.50 6.65