$2.$ Assume you have purchased a $$500$ strike price Facebook $($FB$)$ Put option at a Put option premium equal to $$20\mathrm{.}00$ per share. This Put option has two months until expiration.

a$.$ What is your maximum risk for this Put option?

b$.$ What is your maximum reward for this Put Option?

c$.$ What is the expiration day breakeven level for this Put Option?

d$.$ If FB settles at $$460$ on the Put Option expiration day, then what is your profit or loss?

e$.$ If FB settles at $$485$ on the Put Option expiration day, then what is your profit or loss?

f$.$ If FB settles at $$510$ on the Put Option expiration day, then what is your profit or loss?

g$.$ If you sold this Put option as an opening position, then what is your maximum risk for this Put option?

h$.$ If you sold this Put option as an opening position, then what is your maximum reward for this Put Option?

i$.$ If you sold this Put option as an opening position, then what is the expiration day breakeven level for this Put Option?

Terminal Value of a Put Option $=$