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Use the option quote information shown here to answer the questions that follow. The stock is currently selling for ( $ 43 ). a. Suppose
Use the option quote information shown here to answer the questions that follow. The stock is currently selling for \\( \\$ 43 \\). a. Suppose you buy 26 contracts of the February 45 call option. How much will you pay, ignoring commissions? Suppose you buy 26 contracts of the August 45 put option. c-1. What is your maximum gain? c-2. On the expiration date, Macrosoft is selling for \\( \\$ 39 \\) per share. How much is your options investment worth? c-3. On the expiration date, Macrosoft is selling for \\( \\$ 39 \\) per share. What is your net gain? Suppose you sell 26 of the August 45 put contracts. d-1. What is your net gain or loss if Macrosoft is selling for \\( \\$ 40 \\) at expiration? (Enter your answer as a positive value.) d-2. What is your net gain or loss if Macrosoft is selling For \\( \\$ 47 \\) at expiration? (Enter your answer as a positive value.) d-3. What is the break-even stock price? (Round your answer to 2 decimal places, e.g., 32.16.) Suppose you buy 26 contracts of the February 45 call option. Macrosoft stock is selling for \\( \\$ 46 \\) per share on the expiration date. b-1. How much is your options investment worth? b-2. What if the terminal stock price is \\( \\$ 45 \\)
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