Show work please

7. Suppose the market price of UWY stock at expiration is $32.84. Assume

that both George and Julie are rational in the sense that if they could

choose to exercise the option, then they would do so rationally. Assume

that neither George nor Julie have any UWY stock at expiration, nor do

they want to hold any UWY stock so that they will buy or sell stock

before or after any trading by the option to return to their zero

holding of stock UWY. State the net profit per share that Julie would

make on this option (If Julie loses money, show it as a negative

number). The "net" means taking into account the premium on the option.