the underlying is Infosys stock and is at Rs$.1030\mathrm{.}00$ when the options expire. The options are on $100$ shares of Infosys stock. The exercise price is at Rs$.950.$ What are the payoffs of call and put options, respectively?

Question $14$Answer

a$.$

Rs$.8,000,$ Rs$.0$

b$.$

Rs$.0,$ Rs$.8,000$

c$.$

Rs$.0,$ Rs$.0$

d$.$

Rs$.8,000,$ Rs$.8,000$