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10. If you buy a put option (holder) for $P with strike price $X a. You expect the value of the underlying asset to increase

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10. If you buy a put option (holder) for $P with strike price $X a. You expect the value of the underlying asset to increase b. You expect the value of the underlying asset to decrease c. Earn a maximum payoff of X-P a d. Have a maximum loss of $P a - e. b, c, and d

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