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2. A European put option on the common stock of XYZ Ltd. is presently selling at a premium of $2.9 per share. Today is January 25, 2021, and the expiration of the put is July 25, 2021. The relevant interest rate is 2% per annum. The exercise price is $30 per share. Ms. MacKay writes _or sells 10 of these puts. For the following levels of the spot price on July 25, 2021, expiration date, denoted by S, calculate Ms. MacKay profit(loss), assuming S, is equal to either (1) 20,- or (ii) 26, or (iii) 30. Also, find the break-even S. Note, the size of each put is 100 shares