Suppose that a stock price is currently 31 dollars, and it is known that three months from now, the price will be either 38 dollars or 25 dollars. Suppose further that you set up a riskless portfolio that consists of buying 1 European put option with a strike price of 34 dollars, and buying an appropriate number of shares of the stock. Assuming that no arbitrage opportunities exist and a risk-free interest rate of 10 percent, what is the value of the riskless portfolio three months before the exercise date