A collar is established by buylng a share of stock for $61, buylng a six-month put option wlth exercise price $55, and writing a slx-month call option with exercise price $65. Based on the volatility of the stock, you calculate that for an exercise price of $55 and maturity of sIx months, N(d1)= 0.7106 , whereas for the exercise price of $65,N(d1)= 0.6510 . Requlred: What will be the gain or loss on the collar if the stock price Increases by $1 ? (Input the amount as a positlve value. Do not round Intermedlate calculations and round your answer to 3 decimal places.)