Stock C is a non-dividend paying stock with spot price $24. The stock's beta is 0.7, the risk-free rate is 4% and the market risk premium is 3%. You bought forward the stock at the forward price with maturity two years. At the same time you sold a put option on Stock C, with strike price $23 and maturity two years. What is your overall payoff at maturity if in two years the price of Stock C turns out to be 18? Answer: -12.96