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Suppose you believe that Bennett Environmental's stock price is going to increase from its current level of $ 33.51 sometime during the next 7 months.

image text in transcribed Suppose you believe that Bennett Environmental's stock price is going to increase from its current level of \$ 33.51 sometime during the next 7 months. For \$ 216.99 you could buy a 7-month call option giving you the right to buy 100 shares at a price of \$ 26 per share. If you bought a 100-share contract for \$ 216.99 and Bennett's stock price actually changed to $33.87, your net profit (or loss) after exercising the option would be ? Show your answer to the nearest .01. Do not use $ or , signs in your answer. Use a - sign if you lose money on the contract. Your

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