You own a put option on Ford stock with a strike price of $12. When you bought the put, its cost to you was $2. The option will expire in exactly six months' time a. If the stock is trading at $10 in six months, what will be the payoff of the put? What will be the profit of the put? b. If the stock is trading at $23 in six months, what will be the payoff of the put? What will be the profit of the put? o Draw a payoff diagram showing the value of the put at expiration as a function of the stock price at expiration d. Redoc, but instead of showing payoffs, show profits. + a. The payoff of the put is $], and the profit of the put is $ (Round to the nearest dollar)