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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

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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 or lose? 2 50 b. $200 loss C $200 gaim d. $3160 grin e 51187 108E

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