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A lender purchased a put with X=7.8% and notional amount of 7,800,000. The put's expiration is in 80 days and the underlying is the 180-day

A lender purchased a put with X=7.8% and notional amount of 7,800,000. The put's expiration is in 80 days and the underlying is the 180-day corporate loan rate. What will be the put's payoff, if at expiration the 180-day spot rate is 6.6%? Round your answer to the nearest integer with no ',' separators.

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