please don't use excel

2 Points Question 19 D Donia purchased 21 shares of SAMBA stock at $38.25 per share to hedge herself; she purchases a put option contract E Exercise price $34 and the premium is $3 per-contract. After 20 days, the price of the stock declines to $35. If the option is American, compute profit (loss) for the writer Round your answer to 2 decimal places. Answer formula (35 - X+0.03) *n 1 3 b = 38.25 X = 34 n = 21