Suppose that you sell for $8 each seven call options with a strike price of $66, and buy for $7 each three put options with a strike price of $71. Suppose all options have the same expiration date 0.3 years, the continuously compounded interest rate is 9%, and the stock price on the exercise date is $53. a) What is the payoff for the call option? Answer = $ b) What is the payoff for the put option? Answer = $ c) What is your profit for the portfolio on the exercise date? Answer = $