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Assume an investor sells a six-month put option with an exercise price of $50 and a premium of $8.15. The payoff for the put at

Assume an investor sells a six-month put option with an exercise price of $50 and a premium of $8.15. The payoff for the put at expiration is a function of the share price at that time. The investor forecasts a combination of five possible share prices that will occur in six-months time. What is the maximum profit, to the seller of the option? Give your answer to two decimal places.

Possible share price at expiration:

$27.39, $35.65, $43.14, $57.33, $67.23

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