Required:
a. You have just purchased the options
listed below. Based on the information given, indicate whether the
option is in the money, or out of the money, whether you would
exercise the option if it were expiring today, what the dollar
profit would be, and what the percentage return would
be. (Enter “0†if there is no profit or return from
not exercising the option. Round your answers to 2 decimal places.
Loss amounts should be indicated by a minus sign.)
b. Now suppose that time has passed and
the stocks’ prices have changed as indicated in the table below.
Recalculate your answers to part a. (Enter “0†if
there is no profit or return from not exercising the option. Round
your answers to 2 decimal places.)
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