Using the option payoff graph provided below, answer the following:

A. Given the 4 basic option positions, Long Call, Long Put, Short Call, Short Put, what type of option is demonstrated in the above graph

B. What are the NAME labels for BOTH the x-axis and the y-axis?

C. What is the premium for this option and more importantly, HOW do you know

D. What is the break-even price for this option and more importantly, HOW do you know?

E. What is the exercise price for this option and more importantly, HOW do you know?

$10.00 $7.50 $5.00 $2.50 s- $115.00 $120.00 $125.00 $130.00 $(2.50) $(5.00)