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10. Suppose Shakima buys a put option on Reliant Energy stock. The option expires on May 1, and the strike price (the price at which

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10. Suppose Shakima buys a put option on Reliant Energy stock. The option expires on May 1, and the strike price (the price at which she can sell the stock on May 1) is $120. If the option is priced at $6, how much would Shakima profit/lose under each of the following scenarios? a. The stock trades at $1 18 on May 1. b. The stock trades at $123 on May 1. c. The stock trades at $133 on May 1

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