Moving to another question will save this response. Question 7 of 10 Question 7 5 points Save Answer Suppose a put option on XYZ stock has a price (or "premium") of $3.00 and a strike price of52.You decideto long the put option, and suppose that at expiration XYZ stock sells for $56. What is your payoff at expiration and what is your profit? Below, be careful to note some numbers have negative signs and some do not. a. Payoff -$4, Profit- $7 Payoff- -$4, Profit $1 c. Payoff $0, Profit +$3 d. Payoff $0, Profit $3 O b. e. Payoff +$4, Profit-+$1 f. Payoff-+$4, Profit-+$7 MacBoolk