Question: Please answer only a-2. FIGURE 2.10 Stock options on Microsoft, September 4, 2019 Note: Microsoft stock price on this day was $137.49. Source: Compiled from

FIGURE 2.10 Stock options on Microsoft, September 4, 2019 Note: Microsoft stock price on this day was $137.49. Source: Compiled from data downloaded from Yahoo! Finance. Refer to the stock options on Microsoft in the excise price of $140. Suppose you buy a September expiration call option on 100 shares with the Required: a-1. If the stock price at option expiration is $141, will you exercise your call? Yes No a-2. What is the net profit/loss on your position? (input the amount as a positive value.)
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