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2. 1 - month European put option for Apple (AAPL) with a strike price of $235/share sells for $10/share when Apple stock trades at $225/share.

2. 1 - month European put option for Apple (AAPL) with a strike price of $235/share sells for $10/share when Apple stock trades at $225/share. Each contract is for 100 shares of Apple stock. Draw a diagram showing the payoff and profit for the investor under different stock prices at maturity.

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