Options: 1. (a) Indicate when the $2.50 September 2019 AMP call option is in-, at-, and...

Options:

1. (a) Indicate when the $2.50 September 2019 AMP call option is in-, at-, and out-of-the-money.

(b) Draw the payoff line for the long position in the $11 June 2019 Westfield call given its premium is $0.58

2. Suppose the $10 June Brambles 2018 call option was purchased for $1. Indicate whether the holder would exercise the option, and the profit or loss on the position given at the expiry date in June the share price is (i) $8, (ii) $10 and (iii) $13.

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