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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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