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Mary believes that KO performed poorly during the previous quarter and thus its earnings will be below analysts' expectations. Therefore, she decides to follow a

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Mary believes that KO performed poorly during the previous quarter and thus its earnings will be below analysts' expectations. Therefore, she decides to follow a (Put) Bear Spread strategy. By doing so, if her expectations are materialized, she will attain a profit. However, if her presumptions are not correct, her losses are limited. Strike prices $129 and $159 Put premiums of $8 and $14 Stock price is $109 What is the total profit of your portfolio? Keep in mind that each call option contract controls 100 shares. Please round your answer to the nearest three decimals

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