Company XYZ is experiencing difficulty in obtaining funding. The company is planning to issue PIPEs that will be restricted from trading on the public market for a year. The company's common stocks are currently traded at $$100/$share$.$ As a hedge fund manager, you can purchase the PIPEs at $$60/$share$.$ Assume that your long position in PIPEs is $1$ shares. You also implement a hedging strategy that perfectly hedges the risk that company XYZ$\text{'}$s common stock prices may decrease after one year. If the common stock price of company XYZ is $$50$ after one year, what is the profit$/$loss to your strategy?