Question 1: Option Payoff Diagram (20 points). Your client has hired you to create an option strategy package. The strategy package requires: Buy a put option with exercise price = $20 (cost of each put=$2), Buy a call option with exercise price = $20 (cost of each call-$3), Write two call options with exercise price = $40 (cost of each call=$2), Buy two call options with exercise price = $60 (cost of each call=$4), Buy a 1-year T-bill with payoff $10 1-year later (cost of each T-bill=$8). All the options are for the same stock. All the options will expire in 1 year, when the T- bill matures. a) What is the cost of this strategy package? b) 1-year later, on the expiration date, the underlying stock price is $40. What is the profit provided by this option strategy package?