Question: Please show all work for answers. need help studying for a test. thank you begin{tabular}{|l|l|l|l|l|l|} hline #2 & & & & & hline Stock
\begin{tabular}{|l|l|l|l|l|l|} \hline \#2 & & & & & \\ \hline Stock Price & 47 & & & & \\ \hline Strike Price & 50 & & & & \\ \hline Call Premium & 2 & & & & \\ \hline Put Premium & 7 & & & & \\ \hline Call Breakeven & 52 & & & & \\ \hline Put Breakeven & 43 & & & & \\ \hline Call is & Out of money & & & \\ \hline Put is & In the money & & & \\ \hline & Call & Put & & & \\ \hline Intrinsic Value & 0 & 3 & & & \\ \hline Time Value & 2 & 4 & & & \\ \hline Max loss & 2 & 7 & & & \\ \hline Max gain & Unlimited & 43 & & & \\ \hline Payoffs at different S1 & & & & & \\ \hline S1 & 37.60 & 42.30 & 47.00 & 51.70 & 56.40 \\ \hline Call payoff & -2.00 & -2.00 & -2.00 & -0.30 & 4.40 \\ \hline Put payoff & 5.40 & 0.70 & -4.00 & -7.00 & -7.00 \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|l|l|} \hline \#2 & & & & & \\ \hline Stock Price & 47 & & & & \\ \hline Strike Price & 50 & & & & \\ \hline Call Premium & 2 & & & & \\ \hline Put Premium & 7 & & & & \\ \hline Call Breakeven & 52 & & & & \\ \hline Put Breakeven & 43 & & & & \\ \hline Call is & Out of money & & & \\ \hline Put is & In the money & & & \\ \hline & Call & Put & & & \\ \hline Intrinsic Value & 0 & 3 & & & \\ \hline Time Value & 2 & 4 & & & \\ \hline Max loss & 2 & 7 & & & \\ \hline Max gain & Unlimited & 43 & & & \\ \hline Payoffs at different S1 & & & & & \\ \hline S1 & 37.60 & 42.30 & 47.00 & 51.70 & 56.40 \\ \hline Call payoff & -2.00 & -2.00 & -2.00 & -0.30 & 4.40 \\ \hline Put payoff & 5.40 & 0.70 & -4.00 & -7.00 & -7.00 \\ \hline \end{tabular}
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