(9-6)

You have written a put option on Diebold Incorporated common stock. The optlon has an exerclse price of $45 and Dlebold's stock currently trades at $47.50. The optlon premlum is $0.90 per contract. a. What is your net profit if Diebold's stock price Increases to $49 and stays there until the optlon explres? b. What is your net profit on the option if Diebold's stock price decreases to $42 at explration of the option and the option holder exercises the option? (For all requirements, negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places. (e.g. 32.16))