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75. The 47.50 put on a stock is trading at 1.32 bid and 1.37 ask. To buy one option contract, you must pay at the

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75. The 47.50 put on a stock is trading at 1.32 bid and 1.37 ask. To buy one option contract, you must pay at the time the contract is purchased. A. $1.32 B. $132.00 C. $137.00 D. $4,613.00 E. $4,882.00

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