43.a. Use the figure below to answer this question.

The figure above shows the payoff from:

	a long position in a put option at expiration as a function of the underlying stock price.
	a long position in a call option at expiration as a function of the underlying stock price.
	a short position in a put option at expiration as a function of the underlying stock price.
	a short position in a call option at expiration as a function of the underlying stock price.
	None of the above

43.b.

Which of the following statements is FALSE?

	A put option gives the buyer the right to sell the underlying asset at a fixed price at some future date.
	A call option gives the buyer the right to buy the underlying asset at a fixed price at some future date.
	A financial option gives the option writer the right but not the obligation to buy or sell the underlying asset at a fixed price at some future date.
	An American stock option gives the buyer of the option the right to buy or sell a share of stock on or before a given date for a given price.
	None of the above is false.