NEED ASAP

12. Assume that you have shorted a call option on Intuit stock with a strike price of $40. The option will expire in exactly threemonths' time.

a. If the stock is trading at $55 in threemonths, what will youowe?

b. If the stock is trading at $35 in threemonths, what will youowe?

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

a. If the stock is trading at $55 in threemonths, what will youowe? If the stock is trading at $55 in threemonths, you will owe $_____.(Round to the nearestdollar.)