6. An investor buys a one-vear European-style put option on the same stock. The strike is $105, and the premium is $10. In a year, the spot stock price is $90 per share. What is the payoff from financially settling the long put position? In a year, the spot stock price is $95 per share. What is the payoff from financially settling the long put position? In a year, the spot stock price is $100 per share. What is the payoff from financially settling the long put position? In a year, the spot stock price is $105 per share. What is the payoff from financially settling the long put position? $ In a year, the spot stock price is $110 per share. What is the payoff from financially settling the long put position? $ 7. Draw the hockey stick for this position, including and excluding the premium; remember to label both axes and mark the break-even value