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17. This morning, you put a European protective put strategy in place when the cost of ABC stock was $29.15 per share and the 1-year

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17. This morning, you put a European protective put strategy in place when the cost of ABC stock was $29.15 per share and the 1-year $30 ABC put was priced at $1.05 per share. How much profit or loss per share will you earn from this strategy if the stock is worth $28 a share on the put expiration date? A)-$2.2 B) -$1.05 C)-$.20 D) $1.15 E) $4.20

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