Problem 02a: You sell (short position) 6 European put option contracts on ABC stock at the premium of $5.25. The exercise price of the option is $60. the maturity of the options is 1-month, and the stock is currently trading at $58 1. What is the payoff of your position if the stock price at maturity is $57.50? Show the result numerically. i. Repeat 1, for the stock price at maturity of $64. Problem 02b: For problem-02a: 1. What is the profit (P/L) of your position if the stock price at maturity is $57.50 or 5647 For each case show the results numerically. u. What is the Break-Even Point (BEP) of your investment? (It is easier to find the BEP on one option, rather than for the entire value of the investment!) For the following Excel exercise, you should use one option to one underlyingia calculating and graphing, rather than using catire value of the investment Problem-02c (Excel Exercise): For problems -02a and -02b, assume that ABC stock price at maturity will take values between $40 and 580 in increment of SS. L. Will the put (option) buyer exercise the option? Give ealy NO, INDIFFERENT, YES answer. This is a qualitative question? At cach likely underlying price at maturity, calculate and show the Payoff and P/L numbers using formulas (in Excel!). Note that stock price of ABC ranges from $40 to 80 in increments of $5. Grand Aurumhers found in i O VENTURER 0 O K F F5 F6 F7 F8 F9 F10 FI F12