Refer to Figure 15.1, which lists the prices of various Microsoft options. Use the data in...

Refer to Figure 15.1, which lists the prices of various Microsoft options. Use the data in the figure to calculate the payoff and the profit/loss for investments in each of the following July 2017 expiration options on a single share, assuming that the stock price on the expiration date is $72. (Leave no cells blank - be certain to enter "0" wherever required. Loss amounts should be indicated by a minus sign. Round "Profit/Loss" to 2 decimal places.)

Figure 15.1:

		Payoff	Profit/Loss
a.	Call option, X = 70
b.	Put option, X = 70	0.00
c.	Call option, X = 72	0.00
d.	Put option, X = 72
e.	Call option, X = 74	0.00
f.	Put option, X = 74

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orchestra answered 1 year ago

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