Suppose you believe that Bennett Environmental's stock price is going to increase from its current level of $ 36.81 sometime during the next 7 months. For $ 203.50 you could buy a 7-month call option giving you the right to buy 100 shares at a price of $25.00 per share. If you bought a 100-share contract for $ 203.50 and Bennett's stock price actually changed to $ 34.83 , 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 Answer: