thank you very much

. Question Completion Status: A non-dividend paying stock is currently priced at $50. John buys a 1-year European call option on this stock with a strike price of $50 for $5 and Joe sells a 1-year European put option on this stock with a strike price of $45 for $4. (a) Tabulate the payoff and profit at expiration for John. (3 marks) (b) Tabulate the payoff and profit at expiration for Joe. (3 marks) (c) Sketch the profits of John and Joe at expiration on the same diagram. (5 marks) (d) Determine the range of stock price that will give joe a higher profit than john. (1 mark) Yes No Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers