Various 9-month European calls and puts on FGH stock are shown in the table below.

Option	Strike price	Premium
Call	$40	$1.5
Call	$45	$1.25
Put	$40	$.75
Put	$45	$1

Suppose you created a long straddle with the options that have a $40 strike price. Find your profit/loss if the stock sells for $43 when the options expire.

Instead of the long straddle in the previous question, suppose you created a short straddle position with the options that have a $45 exercise price. Find your profit/loss if the stock trades for $43 when the options expire.

Instead of the short straddle in the previous question, suppose you created a long strip position with the options that have a $40 exercise price. Find your profit/loss if the stock trades for $43 when the options expire. Do not use the dollar sign or words when entering your response.