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 explring 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 answer to 2 decimal places.) Company Option Today's Stock In/Out of the Strike Price Money? Premium Exercise? Profit Return In the ABC Call $10.26 money 8.86 Yes -70 10 -0.60 ABC Put 10 $10.26 Out of the money 8.71 No ABC Out of the money Call 25 $23.93 0.81 NO > ABC Put 25 In the money $23.93 2.01 Yes > -0.94 -47 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. Company Option Strike Premium Today's Stock In/out of the Price Money? In the $11.23 money Exercise? Profit Return ABC Call 10 9.86 Yes 0.37 43 ABC Put 10 $11.23 Out of the money 0.71 NO ABC Call 25 $27.00 In the money 0.81 Yes 1.19 147 ABC Put 25 $27.00 Out of the money 2.02 No 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 explring 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 answer to 2 decimal places.) Company Option Today's Stock In/Out of the Strike Price Money? Premium Exercise? Profit Return In the ABC Call $10.26 money 8.86 Yes -70 10 -0.60 ABC Put 10 $10.26 Out of the money 8.71 No ABC Out of the money Call 25 $23.93 0.81 NO > ABC Put 25 In the money $23.93 2.01 Yes > -0.94 -47 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. Company Option Strike Premium Today's Stock In/out of the Price Money? In the $11.23 money Exercise? Profit Return ABC Call 10 9.86 Yes 0.37 43 ABC Put 10 $11.23 Out of the money 0.71 NO ABC Call 25 $27.00 In the money 0.81 Yes 1.19 147 ABC Put 25 $27.00 Out of the money 2.02 No