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There are put and call options available at exercise prices of 30 and a time to expiration of six months. The calls are priced at

There are put and call options available at exercise prices of 30 and a time to expiration of six months. The calls are priced at $2.89 and the puts cost $2.15. Assume that all transactions consist of 100 shares or one contract (100 options). What is your profit if you buy a call, hold it to expiration and the price at expiration is $37? Select one: a. $700 b. -$289 c. $2,711 d. $411

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