You may attempt this question 3 more times for credit, Part (1) Option Quotations for the M&B Corporation are listed as follows: Closing 50.8 50.8 50.8. 50.8 50.8. CALLIPUT Strike....EXP...Premium.....Premium 51.0 Jul 0.250 .0.600 51.0 Sep. 0.400 0.750 56.0 Aug 0.500 5.90 61.0 Oct. .0.700 .11.1 66.0 Jun.....1.00 16.3 Closing represents the closing price per share of M&B on a particular trading day. is the September (Sep) call option in-the-money or out-of-the-money? (answer with the word IN or the word OUT) Is the June (Jun) put option in-the-money or out-of-the-money? (answer with the word IN or the word OUT) Part (2) How much would it cost in premiums to invest in an October (OCT) straddle on M&B? $ Place your answer in dollars and cents without a dollar sign