Assume you have shorted a put option on Ford stock with a strike price of $ $14.$ The option will expire in exactly six$$ months' time.$$

a$.$ If the stock is trading at $ $10$ in three$$ months, what will you$$ owe?

b$.$ If the stock is trading at $ $29$ in three$$ months, what will you$$ owe?

c$.$ Draw a payoff diagram showing the amount you owe at expiration as a function of the stock price at expiration.