Question: Need help in the second question. Intro Apple currently trades at $583. You bought a call option on Apple stock with a strike price of

Need help in the second question. Intro Apple currently trades at

Need help in the second question.

Intro Apple currently trades at $583. You bought a call option on Apple stock with a strike price of $578 for $3.1 three months ago, which expires today. Attempt 1/5 for 10 pts Part 1 What is your option payoff? Attempt 1/5 for 10 pts. Part 2 What is your total profit from buying one option? 2+ decimals Submit

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