1(a). Your friend has entered a zero-cost portfolio in 3 month Microsoft options as follows: she bought 100 put options at K=32 for $8 each, she wrote 200 put options at K=28 for $6 each and she bought 100 put options at K=24 for $4 each. Create a table showing the total value of her portfolio at time T if the price of Microsoft stock is 20,22,24,26,28,30,32,34,36. (please show the detail for the caculate)

b) For the option portfolio in part (a), draw each option and the combined position on a graph with $ on the vertical axis and the stock price at time T on the horizontal axis).