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You have purchased a put option on ABC common stock for $3 per contract. The option has an exercise price of $54. What is your
You have purchased a put option on ABC common stock for $3 per contract. The option has an exercise price of $54. What is your net profit on this option if stock price is $40 a expiration?
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Financial Markets and Institutions
Authors: Anthony Saunders, Marcia Cornett
6th edition
9780077641849, 77861663, 77641841, 978-0077861667
