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A stock currently trades at $110. June put options on the stock with a strike price of $115 are priced at $5.25. Calculate the dollar
A stock currently trades at $110. June put options on the stock with a strike price of $115 are priced at $5.25. Calculate the dollar return on one put contract purchase.
a) $525
b) -$25
c) $500
d) -$75
e) $0
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