Use this information: The current spot price of the stock of Zoom (ZM) is 380.00. The current 3 month risk free interest rate is 3.00% The forward price for a 3 month forward contract on ZM stock is 391.04. The forward price for a 6 month forward contract on ZM stock is 403.14.

A 6 month European style put option on XM stock with a strike price of 400.00 has an option premium of 20.00. Compute the profit for each given combination of security position and spot price in 6 months. a. Long Put, 390.00 b. Short Forward, 400.00 C. Short Put, 370.00 d. Long Put, 440.00