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Consider: (a) Stock trades for $100; (b) Puts with exercise prices of $90,$100, and $110 trade at prices of $4.66,$8.33, and $14.01 respectively. If a

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Consider: (a) Stock trades for $100; (b) Puts with exercise prices of $90,$100, and $110 trade at prices of $4.66,$8.33, and $14.01 respectively. If a person buys a $90 put and writes a $110 put, what is her profit if the stock price is 102.79 at maturity? Please answer correctly up to two decimal places

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