Question: You issue a put option on a share with an exercise price of SEK 237 and a term of 1 year that costs SEK 14.

You issue a put option on a share with an exercise price of SEK 237 and a term of 1 year that costs SEK 14. What will be your payoff if the spot price at redemption date is SEK 219? Round your answer to the nearest whole number.

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