5. You write a March expiration call option on Apple with exercise price $195. You also write a March Apple put option with exercise price $190. Assume that the call premium (price) is $0.01 and $1.75 for the put. a. Present the position payoff table, as a function of Apple's stock price at that time. [3.25 marks) b. Draw the payoff graph for this strategy. [3 marks) What will be the profit/loss on this position if Apple is selling at $198 on the option expiration date? What if Apple is selling at $205? [3 marks) d. At what two stock prices will you break even on your investment? (3.25 marks] C. d