Kelvin just purchased 15.2 million goods from a British exporter on credit due 90 days from today. The spot exchange rate is $1.21/. The 90-day interest rates in the U.S. and the UK is 1 and 1.5 percent respectively. The 90-day forward rate on pound is $1.2090/. A 3-month call at strike price of $1.20/ can be purchased at a premium of $0.016. A 3-month put option at strike price of $1.20/ can be purchased at a premium of $0.018 and can be sold at a premium of $.017. Assuming in 90 days the exchange rate will be either $1.20/ or $1.25/. What is the payoff of a collar involving a long call and short put at the same strike price of $1.20/?