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A) Is the Bank of Canada politically independent? Why do economists think central bank independence is important? B) If you buy a put optionon Apple

A) Is the Bank of Canada politically independent? Why do economists think central bank independence is important?

B) If you buy a put optionon Apple stock at 130 exercise or strike price, and at expiration the Apple stock market price is 125. You pay $5 as premium to buy the stock. Show your calculation whether this option is exercised or not.Draw diagram for the stated option.

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