The price of a stock is currently $29. Three-month put options with strike prices of $30 and $35 cost $8 and $10, respectively. In tabular form, this would be expressed as Strike Cost (Premium) $30 $8 $35 $10 Using the options with their strike prices and premiums, create a bear spread by drawing the options graphically and answer the question about gains or losses below. Recall a bear spread using put options is created by buying the put option with the higher strike price and selling the put option with the lower strike price. Remember, I will award most of the points available if you draw this options spread correctly. For a current market price of $36, what is the profit from this strategy? Type your answer in the box without a dollar sign and express a loss with a negative sign in front of the number. I must see your work on this question for full credit