Turn back toFigure 20.1, which lists prices of various Microsoftoptions. Use the data in the figure to calculate the payoff and the profits for investments in each of the following January 18 expirationoptions, assuming that the stock price on the expiration date is $100.

1. Call option,X= $95.
2. Put option,X= $95.
3. Call option,X= $100.
4. Put option,X= $100.
5. Call option,X= $105.
6. Put option,X= $105.