3 points) A stock is worth $197. A European put option with strike price of $195 and one year to maturity on this stock has a market price of $3. How much will it cost you if you buy 100 shares of stock and 100 shares (also referred to as one contract) of the put option? (You have constructed a protective put strategy.) This is the initial value of your portfolio. Answer: After one year, what is the value of your portfolio if the stock price is $150? Answer:

Please explain part two! Dont just give the math.