Use the option quote information shown here to answer the questions that follow. The stock is currently selling for $ 43.

Calls Puts

Macrosoft option Expiration Strike price Vol Last Vol Last

Feb 45 101 1.83 56 2.83

Mar 45 77 2.07 38 3.24

May 45 38 2.35 27 3.66

Aug 45 19 2.56 19 3.70

Suppose you buy 26 contracts of the Feb 45 call option. How much will you pay, ignoring commissions?

Suppose you buy 26 contracts of the Feb 45 call option. Macrosoft stock is selling for $ 46 per share on the expiration date.

How much is your options investment worth?

What if the terminal stock price is $45?

How much is your investment