Using the Dow Inc. $($DOW$)$ options handout, construct a table and contingency

graph $($profit and loss diagram$)$ for the buyer of a Put with a strike equal to $$50\mathrm{.}00$ using the

following possible ending stock prices: $$37\mathrm{.}50,$$$40\mathrm{.}00,$$$42\mathrm{.}50,$$$45\mathrm{.}00,$$$47\mathrm{.}50,$$$50\mathrm{.}00,$$$52\mathrm{.}50,$

$$55\mathrm{.}00,$$$57\mathrm{.}50,$$$60\mathrm{.}00,$$$62\mathrm{.}50$ Use the ask quote as the premium cost. At what stock price is

the option at$-$the$-$money, and at what stock price would you breakeven?