Question: Table 2 . 6 Stock options on Microsoft, July 1 4 , 2 0 2 1 . Note: Microsoft stock on this day was $

Table 2.6 Stock options on Microsoft, July 14,2021.
Note: Microsoft stock on this day was $282.51.Refer to Table 2.6 and look at the Microsoft options. Suppose you buy a January expiration call option with exercise price $100. a-2. What is the profit or loss on your position? Table \(2.6\) Prices of stock options on Microsoft, January 2,2019 Note: Microsoft stock on this day was \(\$ 101.51\). Source: Compiled from data downloaded from Yahool Finance.
 Table 2.6 Stock options on Microsoft, July 14,2021. Note: Microsoft stock

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