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A put option on MaysCo stock is available with an exercise price of $110 and a premium of $2 per share. What is the net

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A put option on MaysCo stock is available with an exercise price of $110 and a premium of $2 per share. What is the net gain (per share) on the option if the price of MaysCo stock if the price of the stock falls to $104? Show your work. For problem 1, what is the gain per option as a percentage of the premium

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