a. You have just purchased the options listed below. Based on the information given, indicate whether the option is in the money, out of the money, or at 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 "O" if there is no profit or return from not exercising the option. Negative amounts should be indicated by a minus sign. Round your answer to 2 decimal places.) X Answer is complete but not entirely correct. Company Option Strike Premium Exercise? Profit Return ABC ABC ABC ABC Call Put Call Put 0 Today's Stock Price $ 10.26 $ 10.26 $ 23.93 $ 23.93 10 10 25 25 In/Out of the Money? In the money Out of the money Out of the money In the money 0.94 0.79 0.89 2.09 Yes No No Yes (0.68) (0.79) (0.89) (1.02) (72.34) (100.00) (100.00) (48.80) % % % % 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. * Answer is complete but not entirely correct. Company Option Strike In/Out of the Money? Premium Exercise? Profit Return ABC Call 0.94 Today's Stock Price $ 11.23 $ 11.23 $ 27.00 $ 27.00 10.00 10.00 25.00 25.00 Put in the money Out of the money In the money Out of the money Yes No Yes No (0.94) X (0.79) 1.11 (2.09) 0.79 0.89 2.09 30.85 (100.00) 124.72 (100.00) % % % % ABC Call Put ABC