You would like to be holding a protective put position on the stock of XYZ co. to lock in a guaranteed minimum value of 240 at year - end XYZ currently sells for 240. Over the next year, the stock price will increase by 7% or decrease by 7%. The t-bill rate is 3% unfortunately, no put option are traded on XYZ co. how much world it cost to purchase if the desired put option were traded? (do not round intermediate calculation. round your answer to 2 decimal places.) cost to purchase dolor what would be the cost of the protective put portfolio? (do not round intermediate calculation. Round your answer to 2 decimal places.)