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3. A put option on PayPal stock has a price of $10 and a strike price of $100 (3a) Plot the (net) profit or payoff

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3. A put option on PayPal stock has a price of $10 and a strike price of $100 (3a) Plot the (net) profit or payoff (Y axis) of each party (put option buyer and put option seller) against the stock price (P: X axis). (36) Calculate the per-share payoff range for the buyer. (3e) Calculate the breakeven stock price for the buyer

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