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You own a call option on Intuit stock with a strike price of $37. When you purchased the option, it cost $5. The option will

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You own a call option on Intuit stock with a strike price of $37. When you purchased the option, it cost $5. The option will expire in exactly three months' time. a. If the stock is trading at $50 in three months, what will be the payoff of the call? What will be the profit of the call? b. If the stock is trading at $22 in three months, what will be the payoff of the call? What will be the profit of the call? c. Draw a payoff diagram showing the value of the call at expiration as a function of the stock price at expiration. d. Redo c, but instead of showing payoffs, show profits. a. The payoff of the call is $ and the profit of the call is $ (Round to the nearest dollar.) b. The payoff of the call is $ and the profit of the call is $ (Round to the nearest dollar.) C. Choose the correct diagram below. O A. . 20- 10- 10- 0- 10 20 40 50 60 10 20 30 50 60 -10 -10- -20 -20 Stock Price at Expiration ($ Stock Price at Expiration ($) C. D. 201 10- 10- 60 70 80 10 20 30 40 50 10 20 30 40 50 60 -10 -101 -20 Stock Price at Exniration ($). Value the Call ($) 30 Value of the Call ($) d. Choose he correct dlagram belOW. O A. . 20- 20- 10- 10- 0- 400 40 60 70 80 10. 20. 30 50 60 40 -101 10 -201 Stock Price at Expiration ($) Stock Price at Expiration ($) 20- 20- 10- 10- 0- 10. 20 30 40 50 60 10 20. 30 40 50 60 -10 -10- -20 -20 Stock Price at Evniretion ($1. Stock Prire at Evniration ($). Profit of the Call ($) Profit of the Call ($) O Profit of the Call ($)

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