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A 3-month put option is purchased for $2.98. Using the information below, what is the approximate change in the put option's value if the
A 3-month put option is purchased for $2.98. Using the information below, what is the approximate change in the put option's value if the stock price increases by $0.75 the next day? A = -0.5552 T=0.0693 e=-0.0090 and cents, rounded to the nearest cent
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