Question: Use the option quote information shown here to answer the questions that follow. The stock is currently selling for $46. Suppose you buy 29 contracts

 Use the option quote information shown here to answer the questions

Use the option quote information shown here to answer the questions that follow. The stock is currently selling for $46. Suppose you buy 29 contracts of the February 47 call option. How much will you pay, ignoring Suppose you buy 29 contracts of the February 47 call option. Macrosoft stock is selling for S49 per share on the expiration date. How much is your options investment worth? b-2What if the terminal stock price is $48? Suppose you buy 29 contracts of the August 47 put option eWhat is your maximum gain? On the expiration date, Macrosoft is selling for $42 per share. How much is your options investment worth? eOn the expiration date, Macrosoft is selling for $42 per share. What is your net gain? Suppose you sell 29 of the August 47 put contracts. What is your net gain or loss if Macrosoft is selling for $42 at expiration? (Enter your answer as a positive value.) What is your net gain or loss if Macrosoft is selling For $50 at expiration? (Enter your answer as a positive value.) 3What is the break-even stock price? (Round your answer to 2 decimal places, (e.g., 32.16))

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