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37. A customer buys 1 ABC Jan 50 Put @ $7 and sells 1 ABC Jan 40 Put @ $1 when the market price of

37. A customer buys 1 ABC Jan 50 Put @ $7 and sells 1 ABC Jan 40 Put @ $1 when the market price of ABC is $47. The maximum potential loss is: a $600 b. $700 c. $3,900 d. $4,300

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