Answer the questions given the following information: 
a. Is the call "out" of the money?
b. What is the time premium paid for the call?
c. What is the maximum possible loss from buying the call?
d. What is the maximum profit the buyer of the call can earn?
e. What is the maximum profit the seller of the call can earn?
Definitions:
Variable Costs
Costs that vary directly with the level of production or sales volume, such as raw materials or commissions.
True Performance
The actual output or results achieved by an employee, as opposed to perceived or estimated performance.
Canadian Companies
Businesses or corporations that are registered, based, or operate primarily in Canada.
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