Use the option quote information shown here to answer the questions that follow. The stock is...

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Use the option quote information shown here to answer thequestions that follow. The stock is currently selling for $76.Calls Puts Strike Option Expiration Price Vol. Last Vol. Last RWJMar 69 246 4.80 176 4.90 Apr 69 186 10.65 143 9.65 Jul 69 155 11.5059 13.25 Oct 69 76 12.40 27 12.05 a-1. Are the call options in orout of the money? In the money Out of the money a-2. What is theintrinsic value of an RWJ Corp. call option? b-1. Are the putoptions in or out of the money? In the money Out of the money b-2.What is the intrinsic value of an RWJ Corp. put option? c-1. Two ofthe options are clearly mispriced. Which ones? Mar call unansweredApr call unanswered Oct call unanswered Mar put unanswered Oct putunanswered Apr put unanswered c-2. What is the arbitrage profit youcould make on each of the mispriced options? (Round your answers to2 decimal places, e.g., 32.16.)

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Use the option quote information shown here to answer thequestions that follow. The stock is currently selling for $76.Calls Puts Strike Option Expiration Price Vol. Last Vol. Last RWJMar 69 246 4.80 176 4.90 Apr 69 186 10.65 143 9.65 Jul 69 155 11.5059 13.25 Oct 69 76 12.40 27 12.05 a-1. Are the call options in orout of the money? In the money Out of the money a-2. What is theintrinsic value of an RWJ Corp. call option? b-1. Are the putoptions in or out of the money? In the money Out of the money b-2.What is the intrinsic value of an RWJ Corp. put option? c-1. Two ofthe options are clearly mispriced. Which ones? Mar call unansweredApr call unanswered Oct call unanswered Mar put unanswered Oct putunanswered Apr put unanswered c-2. What is the arbitrage profit youcould make on each of the mispriced options? (Round your answers to2 decimal places, e.g., 32.16.)

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