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34. Refer to Exhibit 22 1. If the spot rate at expiration is 30.75 and the put option was purchased, what is the dollar gain

34. Refer to Exhibit 22 1. If the spot rate at expiration is 30.75 and the put option was purchased, what is the dollar gain or lose? 2 50 b. $200 loss C $200 gaim d. $3160 grin e 51187 108E

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