You may attempt this question 3 more times for credit. Part (1) Option Quotations for the M&B Corporation are listed as follows: CALL. .PUT Closing..... Strike....EXP...Premium..... Premium 50.6.. .49.0......Jul........2.10... ...0.100 50.6...... 49.0...... Sep......2.35..... .0.250 50.6.. .54.0......Aug......0.500. 4.10 50.6. .59.0...... Oct.......0.700. .9.30 50.6.. .64.0......Jun.....1.00........ .14.5 Closing represents the closing price per share of M&B on a particular trading day. Is the September (Sep) call option in-the-money or out-of-the-money? Is the June (Jun) put option in-the-money or out-of-the-money? (answer with the word IN or the word OUT) (answer with the word IN or the word OUT) Part (2) How much would it cost in premiums to invest in an October (OCT) straddle on M&B? $ Place your answer in dollars and cents without a dollar sign. CHECK