Part $($b$)$

Plot a graph of the payoff and the profit of the above position as a function of XYZ stock

price at expiration. There is no need to show work $($numerical table$)$ but you need to

mark the coordinates of all important points:

the "kinks," i$.$e$.,$ points where the graphs change slope,

the break$-$even points where the profit is zero, and also the points where the payoff

intersects the $x-$axis,

the intersections with the $y-$axis.