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Suppose you believe that Apple's stock price is going to decline from its current level of $ 83.54 sometime during the next 5 months. For

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Suppose you believe that Apple's stock price is going to decline from its current level of $ 83.54 sometime during the next 5 months. For $ 211.08 you could buy a 5- month put option giving you the right to sell 100 shares at a price of $ 86.00 per share. If you bought a 100-share contract for $ 211.08 and Apple's stock price actually changed to $75.32 at the end of 5 months, and after behaving economically rationally on your decision to exercise the option, your net profit (or loss) would be _? Show your answer to the nearest .01. Do not use $ or + signs in your answer. However, use a - sign if you lose money on the contract. Your

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