2. An investor purchases a stock for $38 and a put for $5.0 with a strike price of $35. The investor sells a call for $3.50 with a strike price of $40. a. Find out the payoffs and profits of the investors position in the stock, put and call option at expiration for the following prices: i. $25, ii. $30, iii. $35 and iv. $45 b. Draw the profit and loss diagram for this strategy as a function of the stock price at expiration.