Question: Use data found in Yahoo Finance to answer this question. You purchase $50,000 of Intel stock and $50,000 of Intel options with an exercise price

Use data found in Yahoo Finance to answer this question.

You purchase $50,000 of Intel stock and $50,000 of Intel options with an exercise price of $50 that expire 3/19/2021.

  1. What will be your gain/loss if you sell your stock and options if Intels share price reaches $75?
  2. What will be your gain/loss stock and options if Intels share price falls to $47.00 and stays there through March 2021?

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