Consider the following put options on MSFT, both expiring in 3 months: (a) put option with strike price K_L=$30 and cost p_L=$4; (b) put option with strike price K_H= $35 and cost p_H= $7. For the following two strategies, graph the payoffs (gross) and profits (net), and construct a table that identifies the break-even share prices, the max loss, max profit and ranges. (a) Short p_H and long p_L . What is the name of this strategy? (Bull spread with puts.) (b) Long p_H and short p_L. What is the name of this strategy? (Bear spread with puts.)