Question: Use the option quote information shown below to answer the questions that follow. The underlying stock is currently selling for $114. A February call option

 Use the option quote information shown below to answer the questions

Use the option quote information shown below to answer the questions that follow. The underlying stock is currently selling for $114. A February call option with a strike price of 110 is selling for $7.60, while an August call option with the same strike price is selling for $13.05. a) Suppose you buy 10 contracts of the February 110 call option. How much will you pay ignoring commissions? b) In part (a), suppose that stock is selling for $140 per share on the expiration date. How much is your ptions investment worth? c) In part (a), suppose that stock is selling for $125 per share on the expiration date. How much is your options investment worth? d) Suppose you buy 10 contracts of the August 110 put option at $4.70 per share. On the expiration date, the stock is selling for $104 per share. What is your net profit

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