Problem 13-4 You own a put option on Ford stock with a strike price of $15. When you bought the put, its cost to you was $4. The option will expire in exactly six months' time. a. If the stock is trading at $8 in six months, what will be the payoff of the put? What will be the profit of the put? b. If the stock is trading at $26 in six months, what will be the payoff of the put? What will be the profit of the put? c. Draw a payoff diagram showing the value of the put at expiration as a function of the stock price at expiration. d. Redo c, but instead of showing payoffs, show profits. a. The payoff of the put is $ nothing, and the profit of the put is $ nothing. (Round to the nearest dollar.