Homework - Module 4 (Options) 1. (I) Calculate the payoff at expiration for a call option on the S&P 100 stock index, in which the underlying price is 579.32 at expiration, the multipliers is 100, and the exercise price is a. 450 b. 650 (2) Calculate the payoff at expiration for a put option on the S&P 100 stock index, in which the underlying price is 579.32 at expiration, the multipliers is 100, and the exercise price is c. 450 d. 650 (1) Calculate the payoff at expiration for a call option on an interest rate, in which the underlying is a 180-day interest rate at 6.53% at expiration, the notional principal is $10 million, and the 2. exercise price is 5% a. b. 8% (2) Calculate the payoff at expiration for a put option on an interest rate, in which the underlying is a 180-day interest rate at 6.53% at expiration, the notional principal is $10 million, and the xercise price is 5% 8% d