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Use the following option quote to answer the questions below. a ) Suppose you own 1 0 0 July $ 2 0 call contracts. Aspendale

Use the following option quote to answer the questions below.
a) Suppose you own 100 July $20 call contracts. Aspendale shares are selling for $27 on the expiration date.
(i) What is the value of one July call option on the expiration date?
Answer: $
(keep 2 decimal places)
(ii) What is the profit on one July call option at the expiration date?
Answer: $
(keep 2 decimal places)
b) Are the June put options currently in the money? Yes / No (choose one answer)
Answer:
c) What is the minimum price the August call option should sell for on 24 Oct 2020?
Answer: $
(keep 2 decimal places)
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