Question

Part (1) Option Quotations for the M&B Corporation are listed in the Wall Street Journal as follows: .CALL...PUT Closingtrike..EXP...Premium... Premium 50.3..48.0 p.05..0.250 0.3..53.0..Aug.500. 50.3...63.0Jun...1.00..13.8 Closing represents the closing price per share of M&B on a particular trading day Is the Sep Call in-the-money or out-of-the-money? Is the Jun Put in-the-money or out-of-the-money? (answer with the word IN or the word OUT) (answer with the word IN or the word OUT) Part (2) How much would t cost in premiums to invest in an October (OCT) straddle on M&B7 S Place your answer in dollars and cents without a dollar sign NOTE: You must get both parts correct to receive credit.