What will be the net profits from the proceeds / payoffs to an investor who purchases Google calls with exercise price $80 if the stock price at option expiration is $78 ? What if the stock price at expiration is $84 ? (Assume price of the call is $1.65) negative $2.35 and positive $1.65 negative $1.65 and positive $2.35 negative $2.00 and positive $4.00 negative $4.00 and positive $2.00 Why might individuals purchase futures contracts rather than the underlying asset? Daily settlement yielding profit is advantage of futures contracts The ability to buy on margin is one advantage of futures Difficulty in trading is one advantage of futures contracts Difficulty in altering holdings of the asset is advantage of futures