You own a put option on Ford stock with a strike price of $ 14$14. The option will expire in exactly six months' time. a. If the stock is trading at $ 12$12 in six months, what will be the payoff of the put? b. If the stock is trading at $ 25$25 in six months, what will be the payoff of the put? c. Draw a payoff diagram showing the value of the put at expiration as a function of the stock price at expiration. a. If the stock is trading at $ 12$12 in six months, what will be the payoff of the put? If the stock is trading at $ 12$12 in six months, the payoff of the put is $nothing. (Round to the nearest dollar.)