Question: PLEASE MAKE SURE THE ANSWER IS ROUNDED TO 2 DECIMAL PLACES . THANK YOU Several months ago you purchased a call option on a crude

PLEASE MAKE SURE THE ANSWER IS ROUNDED TO 2 DECIMAL PLACES . THANK YOU

Several months ago you purchased a call option on a crude oil futures contract with an exercise price of $6,400.00. Today is the expiration date, and the futures price is $6,260.00. a. Will you exercise the option? No Yes b. What will be your profit? (Enter "o" if there is no profit or return from not exercising the option. Round your answer to 2 decime places.)

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