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23. You purchased six put option contracts with a strike price of $45 and a premium of $1.10. What is the total net amount you

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23. You purchased six put option contracts with a strike price of $45 and a premium of $1.10. What is the total net amount you will receive for your shares if you exercise this contract when the underlying stock is selling for $42.90 a share? A. $23,660 B. $24,700 c. $25,740 D. $26,340 E. $26,400

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