Use the option quote information shown here to answer the questions that follow. The stock is currently selling for $33.

						Calls							Puts
				Strike
Option	Expiration			Price		Vol.			Last				Vol.			Last
Macrosoft		Feb		35			91			.83				46			1.83
		Mar		35			67			1.07				28			2.24
		May		35			28			1.35				17			2.66
		Aug		35			9			1.56				9			2.70

Suppose you buy 16 contracts of the August 35 put option.

c-1.	What is your maximum gain?
c-2.	On the expiration date, Macrosoft is selling for $29 per share. How much is your options investment worth?
c-3.	On the expiration date, Macrosoft is selling for $29 per share. What is your net gain?

Suppose you sell 16 of the August 35 put contracts.

d-1.	What is your net gain or loss if Macrosoft is selling for $31 at expiration? (Enter your answer as a positive value.)
d-2.	What is your net gain or loss if Macrosoft is selling For $37 at expiration? (Enter your answer as a positive value.)
d-3.	What is the break-even stock price? (Round your answer to 2 decimal places, e.g., 32.16.)