The following table lists prices of Apple options in April 2013 when Apple stock was selling for $540. Expiration Date July 2013 Exercise Price Call Price Put Price $510 $45.56 $14.72 540 26.95 29.05 570 15.40 47.10 a. Calculate the payoff and the profits for investments in each of the following July maturity options, assuming that the stock price on the expiration date is $560. (Leave no cells blank - be certain to enter "O" wherever required. Negative amounts should be indicated by a minus sign. Round "Profit" to 2 decimal places.) Payoff Profit $ Call option with exercise price of i. $510 Put option with exercise price of ii. $510 Call option with exercise price of iii. $540 Put option with exercise price of iv. $540 Call option with exercise price of v. $570 Put option with exercise price of vi. $570 011 = b. Calculate the payoff and the profits for investments in each of the following July maturity options, assuming that the stock price on the expiration date is $520. (Leave no cells blank be certain to enter "0" wherever required. Negative amounts should be indicated by a minus sign. Round "Profit" to 2 decimal places.) Payoff Profit i. Call option with exercise price of $510 Put option with exercise price of ii. $510 iji. Call option with exercise price of $540 Put option with exercise price of iv. $540 Call option with exercise price of V. $570 Put option with exercise price of vi. $570 111111 The following table lists prices of Apple options in April 2013 when Apple stock was selling for $540. Expiration Date July 2013 Exercise Price Call Price Put Price $510 $45.56 $14.72 540 26.95 29.05 570 15.40 47.10 a. Calculate the payoff and the profits for investments in each of the following July maturity options, assuming that the stock price on the expiration date is $560. (Leave no cells blank - be certain to enter "O" wherever required. Negative amounts should be indicated by a minus sign. Round "Profit" to 2 decimal places.) Payoff Profit $ Call option with exercise price of i. $510 Put option with exercise price of ii. $510 Call option with exercise price of iii. $540 Put option with exercise price of iv. $540 Call option with exercise price of v. $570 Put option with exercise price of vi. $570 011 = b. Calculate the payoff and the profits for investments in each of the following July maturity options, assuming that the stock price on the expiration date is $520. (Leave no cells blank be certain to enter "0" wherever required. Negative amounts should be indicated by a minus sign. Round "Profit" to 2 decimal places.) Payoff Profit i. Call option with exercise price of $510 Put option with exercise price of ii. $510 iji. Call option with exercise price of $540 Put option with exercise price of iv. $540 Call option with exercise price of V. $570 Put option with exercise price of vi. $570 111111
