QUESTION 19 The payoff diagram for a put option O is a straight line with a zero value beginning at the exercise price and continuing for all stock prices above the exercise price, and a 45 degree line from the exercise price back to a stock price of zero on the positive side of the x-axis for positive values when the stock price is less than the exercise price is a straight line with a value of zero from the stock price of zero up to the exercise price, and then a 45 degree line with negative values thereafter for stock prices above the exerase price. O is a straight line with a value of zero from the stock price of zero up to the exercise price, and then a 45 degree line with positive values thereafter for stock prices above the exercise price s a 45 degree line from a value ot zero with a stock price of zero (ie., at the origin) for positive values when the stock price is positive