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A strategy consists of buying a market index product at $850 and long a put on the index with a strike of $850. If the

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A strategy consists of buying a market index product at $850 and long a put on the index with a strike of $850. If the put premium is $18.00 and interest rates are 0.4% per month, what is the profit or loss at expiration in 3 months if the market index is $810? $68.46 loss O $43.76 gain $28.46 loss 28.46 gain

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