3. You own a put option on Ford stock with a strike price of $14. The option will expire in exactly six months. a. If the stock is trading at $13 in six months, what will be the payoff of the put? b. If the stock is trading at $28 in six months, what will be the payoff of the put? c. Draw a payoff diagram showing the value of the put at expiration as a function of the stock price at expiration. a. If the stock is trading at $13 in six months, what will be the payoff of the put? If the stock is trading at $13 in six months, the payoff of the put is $ (Round to the nearest dollar.) b. If the stock is trading at $28 in six months, what will be the payoff of the put? If the stock is trading at $28 in six months, the payoff of the put is $ - (Round to the nearest dollar.) c. Draw a payoff diagram showing the value of the put at expiration as a function of the stock price at expiration. Which of the graphs below best represents the payoff diagram showing the value of the put? (Select the best choice below.) A. B. C. D