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a. Suppose you write 45 of the July 100 put contracts. What is your net gain or loss if Hendreeks is selling for $92 at

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a. Suppose you write 45 of the July 100 put contracts. What is your net gain or loss if Hendreeks is selling for $92 at expiration? For $110? Answer is complete but not entirely correct. b. What is the break-even price, that is, the terminal stock price that results in a zero profit? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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