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4 A Moving to another question will save this response. Question 12 You have purchased a put option on ABC common stock for $2 per

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4 A Moving to another question will save this response. Question 12 You have purchased a put option on ABC common stock for $2 per contract. The option has an exercise price of $54. What is your net profit on this option if stock price is $44 at expiration? Moving to another question will save this response

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