Use the table below to answer the following questions.

a$.$ If you have taken a long position in a call option with an expiry in November, what is

the call payoff? $[1$ mark$]$

the call profit? $[1$ mark$]$

c$.$ If you have taken a long position in a call option with an expiry in November, what is

the time value? $[1$ mark$]$

If you have taken a long position in a put option with an expiry in June, what is the put

profit? $[2$ marks$]$