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A put is the option to sell stock at $35. The price of the stock is $34, and the price of the put is $2.

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A put is the option to sell stock at $35. The price of the stock is $34, and the price of the put is $2. What is the percentage return on an investment in the put if at the expiration of the put the price of the stock is $31 ? Select one: a. 50% b. break even c. 100% d. 200%

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