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You have bought 1 share of stock for $48.06 and 1 put option on the same stock. This portfolio is called a protective put. The

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You have bought 1 share of stock for $48.06 and 1 put option on the same stock. This portfolio is called a protective put. The option has an exercise price of $40, costs $3.74, and expires in 8 months. Attempt 1/10 for 10 pts. Part 1 What is your profit from buying the stock if the stock price is $20 in 8 months (in $)? Ignore the option for now. 1+ decimals Submit Part 2 18 Attempt 1/10 for 10 pts. What is your profit from buying the option if the stock price is $50 in 8 months (in $)? Ignore the stock for now. 2+ decimals Submit Part 3 "Attempt 1/10 for 10 pts. What is your total profit if the stock price is $100 in 8 months (in $)? 1+ decimals Submit

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