1-) (30 Points) Suppose that you purchase a put option at a cost of 5 TL (premium cost,P) with an exercise price of X 60 TL. Your expectation for this stock is to be lower 3-months later at the expiration date. Graph profit/losses curve regarding with different scenarios given below. (a) At the expiration date the price of stock (S)becomes 65TL instead of falling the price of stock . (b) Let you decide to sell this option at the exercise price of X = 65 TL after 2 months. (c) combine the graphs you have drawn in part (a) and (b) into one graph and show zero profit expiration price in this strategy. 1-) (30 Points) Suppose that you purchase a put option at a cost of 5 TL (premium cost,P) with an exercise price of X 60 TL. Your expectation for this stock is to be lower 3-months later at the expiration date. Graph profit/losses curve regarding with different scenarios given below. (a) At the expiration date the price of stock (S)becomes 65TL instead of falling the price of stock . (b) Let you decide to sell this option at the exercise price of X = 65 TL after 2 months. (c) combine the graphs you have drawn in part (a) and (b) into one graph and show zero profit expiration price in this strategy