Use the option quote information shown here to answer the questions that follow. The stock is currently selling for $39 Calls Puts Option and Strike PriceVol NY Close Expirationrice Last Vol Last Macrosoft Feb Mar May Aug 97 73 34 15 1.43 1.67 1.95 2.16 52 34 23 15 2.43 2.84 3.26 3.30 a. Suppose you buy 22 contracts of the February 41 call option. How much will you pay ignoring commissions? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Cost Suppose you buy 22 contracts of the February 41 call option and Macrosoft stock is selling for $42 per share on the expiration date. b-1.How much is your options investment worth? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b- What if the terminal stock price is $41? (Do not round intermediate calculations and 2. round your answer to the nearest whole number, e.g., 32.) b-1. Payoff b-2. Payoff Suppos you buy 22 contracts of the August 41 put option. c-1. What is your maximum gain? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) c- On the expiration date, Macrosoft is selling for $35 per share. How much is your 2. options investment worth? (Do not round intermediate calculations and round your to the nearest whole numn answer to the nearest whole number, e.g., 32.) c- On the expiration date, Macrosoft is selling for $35 per share. What is your net gain? 3. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) c-1. Maximum gain c-2. Position value c-3. Net gain Suppose you sell 22 of the August 41 put contracts d-1.What is your net gain or loss if Macrosoft is selling for $36 at expiration? (A loss amount should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) d- What is your net gain or loss if Macrosoft is selling for $43 at expiration (A loss 2. amount should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) d- What is the break-even pricethat is, the terminal stock price that results in a zero 3. profit? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) d-1. Gain/Loss d-2. Gain/Loss d-3. Break-even