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13. answer clearly please, bold the final answers You own a put option on Ford stock with a strike price of $12. When you bought

13. answer clearly please, bold the final answers
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You own a put option on Ford stock with a strike price of $12. When you bought the put, its cost to you was $3. The option will expire in exactly six months' time a. If the stock is trading at $9 in six months, what will be the payoff of the put? What will be the profit of the put? If the stock is trading at $25 in six months, what will be the payoff of the put? What will be the profit of the put? Draw a payoff diagram showing the value of the put at expiration as a function of the stock price at expiration . Redo e, but instead of showing payoffs, show profits. The payoff of the put is $) and the profit of the put is $ Round to the nearest dollar)

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