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Suure. U Oli pt 3 of 15 (8 complete) P 21-3 (similar to) Assume that you have shorted a call option on Intuit stock with

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Suure. U Oli pt 3 of 15 (8 complete) P 21-3 (similar to) Assume that you have shorted a call option on Intuit stock with a strike price of $39 The option will expire in exactly three months a. If the stock is trading at $45 in three months, what will you owe? b. If the stock is trading at $27 in three months, what will you owe? 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 $45 in three months, what will you owe? If the stock is trading at $45 in three months, you will owe so (Round to the nearest dollar.)

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