22.1 (14) Two put options on a stock have the same expiration date and strike prices of $29 and $25. The market prices of these options are $6 and $3 respectively. a. Explain how a bull spread and a bear spread can be created from these two options. b. Construct tables showing the payoff and profit from these spreads for different values of St. C. Sketch a graph of the profit as a function of St for each spread