You own a call option on Intuit stock with a strike price of $$34.$ When you purchased the option, it cost $$6.$ The option

will expire in exactly three months' time.

a$.$ If the shares are trading at $$43$ in three months, what will be the payoff of the call? What will be the profit of the call?

b$.$ If the shares are trading at $$31$ in three months, what will be the payoff of the call? What will be the profit of the call?

c$.$ Draw a payoff diagram showing the value of the call at expiration as a function of the share price at expiration.

d$.$ Redo $($c$),$ but instead of showing payoffs, show profits.

a$.$ The payoff of the call is $

and the profit of the call is $

$($Round to the nearest dollar.$)$