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A put option on a stock has an exercise price of $42. If the stock price at expiration is $35, what is the option payoff
A put option on a stock has an exercise price of $42. If the stock price at expiration is $35, what is the option payoff for a short put position? A. -$35 B. $0 C. - $7 O D. $7 O E. $35
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