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a . Suppose you write 4 0 of the Apr 1 0 0 put contracts. What is your net gain or loss if Hendreeks is

a. Suppose you write 40 of the Apr 100 put contracts. What is your net gain or loss if Hendreeks is selling for $94 at expiration? For
$112?
b. What is the break-even price, that is, the terminal stock price that results in a zero profit?
Note: Do not round intermediate calculations. Round your answer to 2 decimal places.
Break-even price
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