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An investor owns 2oz. of gold, but he is bearish in the short term. Gold is at $1,850/oz. and he buys a put with a

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An investor owns 2oz. of gold, but he is bearish in the short term. Gold is at $1,850/oz. and he buys a put with a strike of $1,800 /oz. for $300. At expiration gold is at $1,750. What is the net gain or loss on the entire commodityloption portfolio? $250 $100 $100 $500 $400

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