You have written a put option on Diebold Incorporated common stock. The option has an exercise price of $42 and Diebolds stock currently trades at $44.50. The option premium is $0.75 per contract. a. What is your net profit if Diebolds stock price increases to $46 and stays there until the option expires? b. What is your net profit on the option if Diebolds stock price decreases to $39 at expiration of the option and the option holder exercises the option?