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An investor buys 200 shares of IBM at $83 and buys 2 IBM May 80 put@ 15. If the stock rose to $98 and the

An investor buys 200 shares of IBM at $83 and buys 2 IBM May 80 put@ 15. If the stock rose to $98 and the investor allows the put to expire, what would the gain be at that point? A. $400 B. $1300 C. $1400 D. $2600

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