If the intrinsic value of an option is positive, You own a put option on Yahoo stock with a strike price of $10. The option will expire in exactly six month time. If the stock is trading at $23 in six months, what will be the payoff of the put? Assume you have shorted the put option, if the stock is traded at $8.00 in three months what will you owe? If the stock is trading at $8 in six months, what will be the payoff of the put? A currency forward contract is described by: Select one: a. None of the above b. Agreeing today to buy or sell specified amount of a currency at a later date at a price set today c. Agreeing today to buy or sell specified amount of a currency today at its current price d. Agreeing today to buy or sell specified amount of a currency at a later date at a price set in the future