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Use Figure 20.1, which lists prices of various Microsoft options. Use the data in the figure to calculate the payoff and the profits for

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Use Figure 20.1, which lists prices of various Microsoft options. Use the data in the figure to calculate the payoff and the profits for investments in each of the following December 17 expiration options, assuming that the stock price on the expiration date is $300. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Leave no cells blank - be certain to enter "O" wherever required. Negative amounts should be indicated by a minus sign. d Payoff Profit or Loss a. Call option, X = $290 b. Put option, X-$290 c. Call option, X = $300 d. Put option, X = $300 e. Call option, X-$310 f. Put option, X= $310 Check my work

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