The current stock price of ABC is $87. You have the following quotes on ABC options a) Which options are in the money? b) What is the exercise value of an ABC February call option with a strike price of $80? c) Suppose you buy 10 contracts of the February 85 call option. How much will you pay, ignoring commissions? d) In part (c) suppose that ABC stock is selling for $130 per share on the expiration date. How much is your option investment worth? What if the stock price is $70? e) Suppose you buy 10 contracts of the May 95 put option. What is the absolute maximum gain you could achieve