Question: A call option on MassComputer Corp. is trading with a strike price of $100 and an expiration date on November 18th at 4 pm in

A call option on MassComputer Corp. is trading with a strike price of $100 and an expiration date on November 18th at 4 pm in the afternoon. The premium paid on the call is $3.95. What is the net profit or loss from buying the call just prior to 4 pm on November 18 if at this time the stock price per share of MassComputer is: a.$115.65 Answer:The net profit is $ _________ b.$98.63 Answer:The net profit is $___________ Place your answers in dollars and cents. Negative answers should use the minus sign. For example, the answer of minus two dollars and twenty cents would be placed as -2.20.

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