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You buy a call option on Whitby Incorporated stock with a strike price of $65. The option premium is $1.23. The option has 4 months

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You buy a call option on Whitby Incorporated stock with a strike price of $65. The option premium is $1.23. The option has 4 months until expiration and you purchase 5 contracts. On the expiration date, the stock was valued at $71.78 a share. What is your profit or loss on the option contracts in dollars? Answer should be formatted as a number with 2 decimal places (e.g. 99.99). You purchase 8 put option contracts on HSB Industries. The strike price was $45 and the option premium was $1.64. On the expiration date, the stock was valued at $48.66 a share. What is your payoff on the option contracts? Answer should be formatted as a number with 2 decimal places (e.g. 99.99). You purchased 500 shares of HSB stock at a price of $51.93 per share. You then purchased put options on your shares with a strike price of $55.50 and an option premium of $1.24. At expiration the stock was selling for $57.78 a share. You sold your shares on the option expiration date. What is your net profit or loss on your transactions related to HSB stock? Answer should be formatted as a number with 2 decimal places (e.g. 99.99)

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