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A two-month European put option on a stock is currently selling for $2.50. The stock price is $50, the strike price is $51, and a

A two-month European put option on a stock is currently selling for $2.50. The stock price is $50, the strike price is $51, and a dividend of $3.00 is expected in one month, the risk-free interest rate is 6% per annum. What are the minimum profits that can be made?

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