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An investor buys one American Put option on one share of stock of ABC. The option's strike price is $25 and the premium for the
An investor buys one American Put option on one share of stock of ABC. The option's strike price is $25 and the premium for the option is $1. The option expires in 1-year from today. The investor will earn ZERO profit if the investor exercies the option when the price of stock ABC is $ (In your answer do not include $,% or any other sign; round your answer to 2 decimal places)
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