Problem 24-2 Understanding Option Quotes (LO1] Use the option quote information shown here to answer the questions that follow. The stock is currently selling for $74. Calls Puts Strike Price 69 Vol. 174 Option Expiration RWJ Mar Apr Jul Oct 69 Vol. 244 184 153 74 Last 4.60 10.45 11.30 12.20 141 57 Last 4.70 9.45 12.95 11.85 69 69 25 a-1.Are the call options in or out of the money? In the money O Out of the money o ni What is the intrinsic value of an RWJ Corp. call option? Intrinsic value Are the put options in or out of the money? O In the money O Out of the money What is the intrinsic value of an RWJ Corp. put option? Intrinsic value C-1. Two of the options are clearly mispriced. Which ones? Mar call O Apr call O Oct call O Mar put O 0 Oct put Apr put C- What is the arbitrage profit you could make on each of the mispriced options? 2. (Round your answers to 2 decimal places, e.g., 32.16.) Mispriced option Profit