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A strategy consists of buying a market index product at $800 and longing a put on the index with a strike of $800. If the

A strategy consists of buying a market index product at $800 and longing a put on the index with a strike of $800. If the put premium is $32.00 and interest rates are 0.95% per month, what is the profit or loss at expiration (in 6 months) if the market index is $840?

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